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***Can you please explain step by step on how to do this question*** and please show formulas used so i can understand how to do
***Can you please explain step by step on how to do this question*** and please show formulas used so i can understand how to do it on my own. thank you.
The cash prices of six-month and one-year Treasury bills are 94.0 and 89.0. A 1.5-year bond that will pay coupons of $4 every six months currently sells for $94.84. A two-year bond that will pay coupons of $5 every six months currently sells for $97.12. Calculate the six-month, one-year, 1.5-year, and two-year zero rates.
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