Problem #12: Consider the following effective annual term structure: One year maturity is 9.83%, two year maturity is [3 marks] 12.44%, three year maturity is 12.96% and five year maturity is 15.06%. The price of a 5-year bond with face amount $301.54 and annual coupons at rate 7.91% is $233.82. Find the 4 year forward effective annual interest rate io(4,5). > (A) 29.9% (B) 29.64% (C) 29.51% (D) 29.77% (E) 30.03% Problem #12: Select v Save