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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 () one year; (ii) two years: (1) three years: (V) four years. (Do not round intermediate calculations. Round your answers to two decimal places.) YTM 96 Maturity (Years) Price of Bond 1 $ 930.00 2 $ 902.97 3 $ 829.62 4 $ 772.99 96 96 b. Calculate the forward rate for the second year: (1) the third year; (ii) the fourth year. (Do not round intermediate calculations. Round your answers to two decimal places.) Maturity (years) 1 2 3 4 Price of Bond $ 930.00 902.97 829.62 772.99 Maturity (Years) Price of Bond 2 $ 902.97 Forward Rate 96 96 3 $ 829.62 772.99 4 $ %

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