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A 6-month zero coupon bond with a face value of $200 is trading at $198.46. A 12-month zero coupon bond with a face value of

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A 6-month zero coupon bond with a face value of $200 is trading at $198.46. A 12-month zero coupon bond with a face value of $500 is trading at $490.15. An 18-month coupon bond, paying a semi-annual coupon of 4% (compounded semi-annually) on a face value of $3000, is trading at $3072.21. (a) What is the yield on the 6-month zero-coupon bond? Express your answer as a percent, to the nearest basis point. Yield = % compounded continuously (b) What is the yield on the 12-month zero-coupon bond? Express your answer as a percent, to the nearest basis point. Yield = % compounded continuously (c) What should the yield on an 18-month zero-coupon bond be? Express your answer as a percent, to the nearest basis point. Yield = % compounded continuously

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