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Problem 15-7 The following is a list of prices for zero-coupon bonds of various matures Calculate the yield to maturity for a bond with a

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Problem 15-7 The following is a list of prices for zero-coupon bonds of various matures Calculate the yield to maturity for a bond with a maturity of one year two years, three years I four years. (Do not round intermediate calculations. Round your answers to two decimal places) Maturity Years) Price of Bond YIM 9500 199 97 8772 785 26 1 2 3 $ $ 5 $ 4 b. Calculate the forward rate for the second year, the third year, the fourth year. (Do not round intermediate calculations Round your answers to two decimal places) Maturity years) Price 5. 99.99 377.6 703.3 Forward Maturity [Years) Price of Bond 2 5 1997 3 5 8772 4 $ 785 26

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