Given a bond with face value $100 and with maturity in 4 years, that pays annual coupon of $28 in arrears. The bonds current value is $133 i) What is the forward price of the bond in 2 years? ii) If the Yield Volatility is 35%, what is the volatility of the forward price? iii) With strike price K = 131, a put option on the bond with maturity in 2 years has what present value?

Using continuous compounding throughout.