Suppose you are given the following bond prices and maturities for O-coupon bonds. (Assume annual coupons) What is the implied forward rate on a bond purchased at the end of year 2 and maturing at the end of year 57 (ie, 2R5) T URAN 2 3 4 5 Price $994.04 $963.06 $928.60 $881.62 $779.81 The implied forward rate on a bond issued at T-2 and maturing at T=5 is: 1%. (hint: you might want to calculate some YTMs on existing bonds first.)