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32. The bond equivalent yields for U.S. Treasury and A-rated corporate bonds with maturities of 93 and 175 days are given below: U.S. Treasury

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32. The bond equivalent yields for U.S. Treasury and A-rated corporate bonds with maturities of 93 and 175 days are given below: U.S. Treasury A-rated corporate Spread 93_QdY5175 Days 8.07% 8.42% 0.35% 8.11% 8.66% 0.55% a. What are the implied forward rates for both an 82-day Treasury and an 82-day A-rated bond beginning in 93 days? use daily compounding on a 365-day year basis. The forward rate, f, for the period 93 days to 175 days, or 82 days, for the Treasury is: (1 (1 8.16 percent The forward rate, c, for the corporate bond for the 82-day period is: (1 (1 f- 8.933%

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