Part I: Problem solving - Show your work to receive partial credit 1. Suppose one-year Treasury bonds are yielding 6.5% and two-year Treasury bonds are yielding 5.2%. What is the implied one-year forward interest rate for next year? 2. HT Inc. stock pays no dividend. EPS for the most recent year (EPS) were $4.36. Analysts expec earnings to grow at a rate of 5.9% for each of the next six years. If the P/E ratio of HT is expecte 17.2 at the end of six years, how much should a share of HT stock be worth today? The requirer return is 9.5%