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Is very urgent. Show all workings please ii. Given the yield on a 3 year zero-coupon bond is 7% and forward rates of 6% in

Is very urgent. Show all workings please
ii. Given the yield on a 3 year zero-coupon bond is 7% and forward rates of 6% in year 1 and 6.5% in year 2, what must be the forward rate in year 3? 5 marks List and describe the any three important types of mutual funds according to their investment policy and use. 5 marks iii. Total 20 marks

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