The following table presents the spot rats from the risk-free interest rate market. The spot price of gold is $425per ounce. If the storage cost of gold is 0.12% per year and the convenience yield are flat at 1% per year, complete the table below for forward prices of gold and commodity swap rates.

Maturity (Y) Spot rate Forward Price Swap rate

1 0.030

2 0.035

3 0.040

4 0.043

5 0.045