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2. Table 5.8 contains the continuously compounded forward rates f(0, T - A,T), where A = 0.25. The first entry is the current spot rate, as for T = 0.25 we have f(0,0,0.25) r(0, 0.25). Compute the forward discount factors F(0,T - A,T), the current discount factors Z(0,T), and the current term structure of interest rates. Table 5.8 A Term Structure of Forward Rates Maturity Forward Rate Maturity Forward Rate Maturity Forward Rate 0.25 0.50 0.75 1.00 1.25 1.50 1.75 2.00 2.25 2.50 3.53% 3.58% 4.19% 3.99% 4.54% 5.00% 4.76% 5.88% 5.30% 4.92% 2.75 3.00 3.25 3.50 3.75 4.00 4.25 4.50 4.75 5.00 6.09% 5.29% 6.48% 6.20% 6.34% 6.00% 5.99% 6.58% 6.26% 6.69% 5.25 5.50 5.75 6.00 6.25 6.50 6.75 7.00 6.12% 5.70% 6.81% 6.50% 6.59% 7.06% 6.87% 6.37% 2. Table 5.8 contains the continuously compounded forward rates f(0, T - A,T), where A = 0.25. The first entry is the current spot rate, as for T = 0.25 we have f(0,0,0.25) r(0, 0.25). Compute the forward discount factors F(0,T - A,T), the current discount factors Z(0,T), and the current term structure of interest rates. Table 5.8 A Term Structure of Forward Rates Maturity Forward Rate Maturity Forward Rate Maturity Forward Rate 0.25 0.50 0.75 1.00 1.25 1.50 1.75 2.00 2.25 2.50 3.53% 3.58% 4.19% 3.99% 4.54% 5.00% 4.76% 5.88% 5.30% 4.92% 2.75 3.00 3.25 3.50 3.75 4.00 4.25 4.50 4.75 5.00 6.09% 5.29% 6.48% 6.20% 6.34% 6.00% 5.99% 6.58% 6.26% 6.69% 5.25 5.50 5.75 6.00 6.25 6.50 6.75 7.00 6.12% 5.70% 6.81% 6.50% 6.59% 7.06% 6.87% 6.37%