The following questions are from Chapter 10 Question 1 through Question 4 are based on the information on current spot and forward term structures (assume the core Table 1: Table 1. Term Structure of treasury bills/bonds and BBB CC Spot 1 Year Spot 2 Year (1-year m Treasury 2.75 percent 5.25 percent X BBB Corporate Debt 5.25 percent 8.75 percent Y Question 1. Which one of the following is closest to the value of X and Y respectively? Hint: Based on the table X denotes the implied forward rate on one-year maturity Treasuries to be delivered in one year, or in second year. Y denotes the implied forward rate on one-year BBB corporate debt to be delivered in one year. A. X = 6.2396, Y = 10.2596 B. X=8.2596, Y = 12.37% C. X = 7.8196, Y = 10.25% D.X = 8.25%, Y = 10.25% E. X = 7.81%, Y = 12.37%