please correct the problem
The current yield curve for default-free zero-coupon bonds is as follows: Maturity (years) YTM 10.94 11.9 12.9 a. What are the implied one-year forward rates? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Maturity YTM (years) 10.9% 11.9% 12 413% 120 14.43 % Return to question b. Assume that the pure expectations hypothesis of the term structure is correct. If market expectations are accurate, what will the pure yield curve (that is, the yields to maturity on one and two-year zero-coupon bonds) be next year? There will be a shift upwards in next year's curve. There will be a shift downwards in next year's curve. There will be no change in next year's curve. c. What will be the yield to maturity on two year zeros? (Do not round Intermediate calculations. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. YTM 10.90 % Check my work mode: This shows what is correct or incorrect for the work you have completed so far, it does not indicate completion. Return to question c. What will be the yield to maturity on two-year zeros? (Do not round Intermediate calculations. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. YTM 10.90 % d. If you purchase a two-year zero-coupon bond now, what is the expected total rate of return over the next year? (Hint Compute the current and expected future prices.) ignore taxes. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete and correct. Expected total role of 10,90 % The current yield curve for default-free zero-coupon bonds is as follows: Maturity (years) YTM 10.94 11.9 12.9 a. What are the implied one-year forward rates? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Maturity YTM (years) 10.9% 11.9% 12 413% 120 14.43 % Return to question b. Assume that the pure expectations hypothesis of the term structure is correct. If market expectations are accurate, what will the pure yield curve (that is, the yields to maturity on one and two-year zero-coupon bonds) be next year? There will be a shift upwards in next year's curve. There will be a shift downwards in next year's curve. There will be no change in next year's curve. c. What will be the yield to maturity on two year zeros? (Do not round Intermediate calculations. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. YTM 10.90 % Check my work mode: This shows what is correct or incorrect for the work you have completed so far, it does not indicate completion. Return to question c. What will be the yield to maturity on two-year zeros? (Do not round Intermediate calculations. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. YTM 10.90 % d. If you purchase a two-year zero-coupon bond now, what is the expected total rate of return over the next year? (Hint Compute the current and expected future prices.) ignore taxes. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete and correct. Expected total role of 10,90 %
