Question 15 (1 point) FORWARD RATE. Using the following data, calculate the forward rate on a 2-year bond, 3 years from today; i.e. 3r2. Bond 1: Bond 2: Bond 3: Bond 4: Coupon rate = 672 Coupon rate = 6/4 Coupon rate = 7% Coupon rate = 7 1/8 Maturity = 2 years YTM = 5.49% Maturity = 3 years YTM = 5.61% Maturity = 5 years YTM = 5.72% Maturity = 8 years YTM = 5.84% 1) 5.85% 2) 5.87% 3) 5.89% 4) None of the above