The following is a list of prices for zero-coupon bonds of various maturities. 1. 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.)

Maturity (years)	Price of Bond
1	$	945.90
2		911.47
3		835.62
4		770.89

find the YTM for each year

1 -------%

2 -------%

3 -------%

4 -------%

2. 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. Forward Rate

2 $911.47 ------%

3 $835.62 -------%

4 $770.89 --------%