The following table summarises prices of various default-free zero-coupon bonds (expressed as a percentage of the face value): Maturity Price (per $100 face value) 95.54 91.17 3 years 86.63 81.86 5 years 76.67 1 year 2 years 4 years a. Compute the yield to maturity for each bond. b. Determine if a graph of your data from part a. is an accurate graph of the zero-coupon yield curve. c. Is the yield curve upward sloping, downward sloping, or flat? a. The yield on the 1-year bond is %. (Enter your response as a percent rounded to two decimal places.) The yield on the 2-year bond is %. (Enter your response as a percent rounded to two decimal places.) The yield on the 3-year bond is %. (Enter your response as a percent rounded to two decimal places.) The yield on the 4-year bond is %. (Enter your response as a percent rounded to two decimal places.) The yield on the 5-year bond is %. (Enter your response as a percent rounded to two decimal places.) b. Is the following an accurate graph of the zero-coupon yield curve? YIELD CURVE 7.0 6.5- 6.0- 5.5- 5.0- Yield to Maturity (%) 4.5- 4.0- 3.5- 3.0- c. Is the yield curve upward sloping, downward sloping, or flat? The yield to maturity of a $ 1 000 bond with a 6.5% coupon rate, semi-annual coupons, and two years to maturity is 7.7% APR, compounded semi-annually. What must its price be? The price of the bond is $. (Round to the nearest cent.)