[Q 18] You note the following yield curve in The Wall Street Journal. According to the unbiased expectations theory, what is the one-year forward rate for the period beginning two years from today, 3f1?]

Maturity Yield

One Day 2.00%

One Year 5.50 %

Two Years 6.50 %

Three Years 9.00 %

[Q19] On March 11, 20XX, the existing or current (spot) one-year, two-year, three-year, and four-year zero-coupon Treasury security rates were as follows:

1R1 = 4.75%,1R2 = 4.95%,1R3 = 5.25%,1R4 = 5.65%

Using the unbiased expectations theory, calculate the one-year forward rates on zero-coupon Treasury bonds for years two, three, and four as of March 11, 20XX.