The following information relates to Questions 5, 6, and 7 Bond X Coupon Rate 8% 7% 6% Time-to-Maturity 3 years 3 years 3 years Y z Assume the following sequence of spot rates. Spot Rates 8% Time-to-Maturity 1 year 2 years 3 years 996 10% All three bonds pay interest annually, and all bonds have face value of $100. 5. Based upon the given sequence of spot rates, find the price of Bond X. 6. Based upon the given sequence of spot rates, find the price of Bond Y. 7. Based upon the given sequence of spot rates, find the yield-to-maturity (YTM) of Bond Z. formula PV = PT (1- Hint: After you calculate the price using spot rates, you can calculate the YTM using the 1T 1 FV + (1+r) That is, you can use you calculator to find the overall YTM. (1+r)