A bond trader at Bank of America Corporation (NYSE: BAC) is going to buy a 1.00% coupon U.S. Treasury bond that makes semiannual payments and matures in 1.5 years.

(a) What is the bonds theoretical price?

Bond price = __________

(b) What is the bonds yield to maturity?

Bond yield = __________

(c) What is the bonds duration?

Duration = __________

(d) Use the duration to calculate the approximate change in the bonds price of a 0.1% increase in its yield.

Approximate change in bond price = __________

(e) What is the forward rate for the six-month period beginning in 12 months?

Forward rate = __________