Suppose you observe the following three bonds. Assume that all bonds are denominated at $100 face value per contract and that they pay their coupons annually.

Bond A Price: 111.42, Coupon: 15, Maturity (years): 3

Bond B Price: 108.33, Coupon: 15, Maturity ( years): 2

Bond C Price: 116.61, Coupon: 15, Maturity (years): 1

i) Compute the spot rates year 1, year 2 and year 3.

ii) Compute the forward rates years 1 to 2 and years 2 to 3.