As a senior fixed-income analyst, you observe the following Treasury Yield curve (all are shown on a bond-equivalent basis): The 0.5-year and 1-year securities are zero-coupon instruments and the others are coup instruments. (a) Assuming that financial markets are efficient, calculate the half-year forward rates over the next two years. Show your calculations. (b) Based on the pure expectations theory, what would be the market prediction on the movement of future interest rates