I need the answers with explanations.

Problem 15-18 Suppose that the prices of zero-coupon bonds with various maturities are given in the following table. The face value of each bond is $1,000. Maturity (Years) Price $ 991.28 873.39 806.92 742.20 654.98 a. Calculate the forward rate of interest for each year. (Round your answers to 2 decimal places.) Maturity (years)Forward Rate 4. 5 Problem 15-18 Suppose that the prices of zero-coupon bonds with various maturities are given in the following table. The face value of each bond is $1,000. Maturity (Years) Price $ 991.28 873.39 806.92 742.20 654.98 a. Calculate the forward rate of interest for each year. (Round your answers to 2 decimal places.) Maturity (years)Forward Rate 4. 5