The following information relates to Questions 5, 6, and 7 Bond Coupon Rate 8% 796 Time-to-Maturity 3 years 3 years 3 years 6 Assume the following sequence of spot rates. Time-to-Maturity 1 year 2 years 3 years Spot Rates 8% 996 1096 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. Hint: After you calculate the price using spot rates, you can calculate the YTM using the formula PV = PMT (1 - 0 ) + That is, you can use you calculator to find the overall YTM. The following information relates to Questions 5, 6, and 7 Bond Coupon Rate 8% 796 Time-to-Maturity 3 years 3 years 3 years 6 Assume the following sequence of spot rates. Time-to-Maturity 1 year 2 years 3 years Spot Rates 8% 996 1096 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. Hint: After you calculate the price using spot rates, you can calculate the YTM using the formula PV = PMT (1 - 0 ) + That is, you can use you calculator to find the overall YTM