Part 6

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The following table provides prices of zero-coupon bonds with maturities from 1 to 30 years. Use this table to compute spot rates s_t and forward rates f_t-1,t. On two separate charts, plot spot and forward rates as functions of time to maturity t.

Time to maturity	Price of zero-
t, (years)	coupon bond, P(t)
1	980.55
2	957.48
3	931.20
4	902.26
5	871.27
6	838.87
7	805.62
8	772.05
9	738.58
10	705.54
11	673.21
12	641.75
13	611.30
14	581.93
15	553.67
16	526.52
17	500.47
18	475.50
19	451.61
20	428.77
21	406.96
22	386.16
23	366.34
24	347.47
25	329.51
26	312.44
27	296.20
28	280.77
29	266.11
30	252.18