T11:17 41795 5 TOP0+ 0 + + 0 0 5. Assume the following zero-coupon bond prices. Term 1 Year 2 Years 3 Years 4 Years 5 Years Price $990.099 $970.662 $942.322 $905.951 $824.609 a) If an investor wanted to lock in the rate for a 2-year investment beginning in one year, could they do so using the above zero coupon bonds? If so, how? What would the locked in rate be? (3 marks) b) If a 5-year annual coupon bond with coupon rate 3% compounded annually, was trading at par when the above zero coupon rates were in effect, is there an arbitrage opportunity? If so, how could an investor take advantage of it? Include dollar amounts rounded to 2 decimal places in your