TABLE 7.I Five ways to present equivalent information about default-free interest rates. All rates but those in the last column are effective annual rates. Using the information in the above table, the implied forward price of a 2-year zero-coupon bond that will be issued at time 1 is: 0.75852 0.98561 0.63524 0.86528 TABLE 7.I Five ways to present equivalent information about default-free interest rates. All rates but those in the last column are effective annual rates. Using the information in the above table, the implied forward rate from time 1 to time 3 is