Question 35 (5 points) Consider the following zero-coupon yields on default-free securities: Maturity (years) 1 2 3 4 5 5.80% 5.50% 5.20% 5.00% 4.80% Zero-Coupon YTM 1) The forward rate for year 2 (the forward rate quoted today for an investment that begins in one year and matures in two years) is closest to: You have to show your work for credit (2 marks) 2) The forward rate for year 3 (the forward rate quoted today for an investment that begins in two years and matures in three years) is closest to: show your work for credit (2 marks) You have to 3) The forward rate for year 4 (the forward rate quoted today for an investment that begins in three years and matures in four years) is closest to: show your work for credit (1 mark) You have to