The following is a list of prices for zero-coupon bonds of various maturities. a. Calculate the yield to maturity for a bond with a maturity of (i) one year; (ii) two years; (iii) three years; (iv) four years. Assume annual coupon payments. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

b. Calculate the forward rate for (i) the second year; (ii) the third year; (iii) the fourth year. Assume annual coupon payments. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Maturity (years) Price of Bond

1 - $920.90

2 - $912.97

3 - $826.62

4 - $785.62

Maturity (years)	Price of Bond Forward Rate
1	$	920.90
2		912.97
3		826.62
4		785.62