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QUESTION. Given the following one-year forward rates, what is the price of a four-year zero coupon bond with a par value of $1,000? One year

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Given the following one-year forward rates, what is the price of a four-year zero coupon bond with a par value of $1,000? One year forward rate in year 1 = 0.75%; One year forward rate in year 2 = 0.80%; One year forward rate in year 3 = 1.00%; One year forward rate in year 4 = 1.10%. A. $958 B. $946 C. $964 D. $940 E. $932

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