The following table summarizes prices of various default-free zero-coupon bonds (expressed as a percentage of the face value) Maturity (years) 2 3 Price (per S100 face value) $96.17 59176 $87.17 a. Compute the yield to maturity for each bond b. Plot the zero-coupon yield curve (for the first five years) c. Is the yield curve upward sloping, downward sloping, or ftat? $82.43 5 57737 a. Compute the yield to maturity for each bond The yield on the 1-year bond to (Round to two decimal places) The yield on the 2-year bond is (Round to two decimal places The yield on the 3-year bond is % (Round to two decimal places) The yield on the 4-year bond is (Round to two decimal places) The yield on the 5-year bond is 1 (Round to wo decimal places) b. Plot the zero-coupon yield curve (for the first five years) The following graph is the zero-coupon yield curve (Select the best choice below) . YIELD CURVE YIELD CURVE 27 Isi 20 coupon bonds (expressed as a percentage of the face value): Maturity (years) Price (per $100 face value) 596 17 2 $9176 3 58717 $8243 $7737 a. Compute the yield to maturity for each bond b. Plot the zero-coupon yield curve (for the first five years) c. Is the yield curve upward sloping, downward sloping, or flat? b. Plot the zero-coupon yield curve (for the first five years) The following graph is the zero-coupon yield curve (Select the best choice below) . OB YIELD CURVE YIELD CURVE 70- 7:04 o os . pp 8.5 0.5 D 001 55 55 50 50 45 Meld to Maturity (%) Meld to Maturty 2 404 35 35 30 30 25 25 2.04 2.01 0 Maturity years) mature Matunity (years) c. Is the yield curve upward sloping, downward sloping, or flat? (Select from the drop-down menu.) The yield curve is