Question 19 3 pts Given the following information: 1-year zero-coupon Corporate yield: 7% 2-year zero-coupon Corporate yield: 9% 1-year zero-coupon Treasury bonds yield: 5.5% 2-year zero-coupon Treasury bonds yield: 6.5% Assume periodicity of 1 (i.e. annual compounding) and also assume that the recovery rate expected by bondholders is zero. What is this firm's marginal probability of default in the first year? 4.12% 1.40% 1.87% 4.46% Question 20 3 pts Based on the information of question 19, what is the forward rate (f 1,2) between year 1 and year 2 for the corporate bonds? 6.01% 5.52% 11.04% 18% Question 21 3 pts Based on the information of question 19, what is the forward rate (f 1.2) between year 1 and year 2 for the treasury bonds? 13.08% 4% 8.02% 7.51% 3 pts Question 22 Based on the information of question 19 - 21, what is this firm's marginal probability of default in the second year? 8.02% 2.72% 3.18% 8.65% Question 23 3 pts Based on the information of question 19 - 22, what is this firm's 2-year cumulative probability of default? 4.54% 8.04% 11.04% 10.36%