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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

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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 (1) one year, (10two years; (i) three years; (iv) four years. (Do not round intermediate calculations. Round your answers to two decimal places.) Maturity (Years) Price of Bond 1 $ 920.90 $ 912.97 $ 826.62 | 5 785 621 YTM 8.59% 4.66 6.55 b. Calculate the forward rate for (i) the second year, (i) the third year, (i) the fourth year. (Do not round intermediate calculations. Round your answers to two decimal places.) Maturity (years) Price of Bond $ 920.90 912.97 826.62 785.62 Forward Rate Maturity (Years) Price of Bond $ 912.97 $ 826.627 $ 785.627

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