A fixed coupon bond pays coupons semiannually at an annual coupon rate of 4%. The bond has face value 100, maturity two years from now and has just paid the current coupon. 1. Write down the cashflows/calendar vectors. 2. If the bond quotes at par, what is the IRR? 3. Assuming that the spot zero yield curve T + R.(T) (compound rate) is 2% if T ly find the market price of the bond. Roxt) = { 1 4. Does the term structure have an effect on the IRR