Maturity (years) Spot rate (%) 1.00 1.25 1.30 1.50 3 11) Use the spot rate curve to calculate the arbitrage free value of a 2% coupon, annual payment, 4-year benchmark bond. a) 97 100 12) If the price of the benchmark bond in the question above comes out to 95, what is its yield (YTM)? a) 0 5.0% 13) Use the spot rate curve to calculate the arbitrage free value of a 2% coupon, 4-year bond for AB Company. Assume ABC's Z-spread for this bond is 100 bps above the benchmark spot rates. a) 97 100 14) Use the spot rate curve to calculate the 1-year forward rate 3-years from now (3,1). a) 0.00% 2.00%