The following table summarizes prices of various default-free zero-coupon bonds (expressed as a percentage of the face value) Maturity (years) 2 3 4 Price (per S100 face value) $96.02 $91.68 $87.13 $82 25 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? $7717 ODD a. Compute the yield to maturity for each bond. The yield on the 1-year bond is 3% (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 % (Round to two 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.) . . OB. YIELD CURVE 7.0- YIELD CURVE 70- 6.5 65 50 6.0 55 55 50 5.0 Yield to Maturity (2) 45 Yield to Maturity (%) 4.5 940 O 4.0 35 mm 35- 30 30 25 25 20 NN 2.0 4 Maturity (years) Maturity years) c. Is the yield curve upward sloping, downward sloping, or flat? (Select from the drop-down menu.) The yield curve is