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b. Calculate the forward rate for (i) the second year; (ii) the third year; (ii) the fourth year. Assume annual coupon payments. (Do not round

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b. Calculate the forward rate for (i) the second year; (ii) the third year; (ii) the fourth year. Assume annual coupon payments. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Maturity (years) 1 Price of Bond $ 930.00 902.97 829.62 772.99 Forward Rate Maturity (Years) 2 $ 7.53% Price of Bond 902.97 829.62 772.99 3 $ % 4 $ %

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