On March 15, 20XX, the existing or current (spot) one-year, two-year, three-year, and four-year zero-coupon Treasury security rates were as follows: 5.25% 6.00% 1R1 = 1R2= 5.50% 1R3 = 1R4 = 6.30% Using the unbiased expectations theory, calculate the one-year forward rate on zero- coupon Treasury bonds for year four as of March 15, 20XX. 7.21% 7.31% 7.15% 6.95% What is the discount yield on a $1 million T-bill that currently sells at 99.225 percent of its face value and is 55 days from maturity? 5.07% 4.95% 5.15% 5.20% Consider an investor who, on January 1, 2018, purchases a TIPS bond with an original principal of $100,000, an 4 percent annual (or 2 percent semiannual) coupon rate, and 8 years to maturity. If the semiannual inflation rate during the first six months is 0.2 percent, calculate the first coupon payment (paid on June 30, 2018). $1.950.00 $2,050.00 $2.105.00 $2.004.00