a Consider the following zero coupon bonds: Bond Yrs to Mat. Yield to Maturity 1 0.0433 b 2 0.046 3 0.0495 4. 0.0511 5 0.0531 f 6 0.0555 d e What is the one year forward rate starting at the end of year2 0.0565 0.0514 0.0499 O 0.0547 0.0534 Convertible debt is often issued: after firms have called in previously issued bonds when the dirty price of a bond is greater than the clean price when firms have a AA rating or lower from S&P O by riskier firms