QUESTION $19$

Suppose that all investors expect that the forward rates for the $5$ years will be as follows. What is the purchase price of a $2-$year zero$-$coupon bond be if it purchased at the beginning of year $2$ and has face value of $$1,000?$

$\backslash$table$[[$Year$,1-$ Year Forn$],[1,5\mathrm{.}5\%$