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.) YTM Maturity (Years) 1 Price of Bond $ 945.90 $ 911.47 % 2 % 3 $ 835.62 % % 4 $ 770.89 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) 1 2 3 4 Price of Bond $ 945.90 911.47 835.62 770.89 Forward Rate Maturity (Years) 2 3 $ % Price of Bond 911.47 835.62 770.89 $ $ 4 % 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.) Answer is complete and correct. Maturity (Years) YTM 1 $ 5.72 % $ Price of Bond 945.90 911.47 835.62 770.89 2 3 4.74 6.17 >>> % % % 4 S 6.72 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) 1 2. 3 4 Price of Bond $ 945.90 911.47 835.62 770.89 Answer is complete but not entirely correct. Price of Bond Forward Rate Maturity (Years) 2 $ 911.47 3.79 % 3.60 X % 3 $ 835.62 4 770.89 2.89 x %