Question A:
You find the following par yield curve reported in the Wall Street Journal:
	Maturity	Par yields
	0.5	1% p.a.
	1	2.5% p.a.
	1.5	3.5% p.a.
	2	4.3% p.a.
All yields are per annum semi-annual compounding.
a) Compute the corresponding zero yields from the above information
b) Price a 2-yr T-note that pays 5% p.a. coupons
c) If the expectation hypothesis is true, what is your best guess regarding
the 1-yr zero yield in a year's time?