The following table summarizes prices of various default-free zero-coupon bonds (expressed as a percentage of the face value): 3 5 Maturity (years) Price (per $100 face value) 2 $91.28 $95.66 $86.73 $81.92 $76.77 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? CROCI a. Compute the yield to maturity for each bond. The yield on the 1-year bond is %. (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.) PODO Home Inter Submit Qui 2 The tollowing table summades prices of various detail troe zero-coupon bonde depressed as a percentage of the tuce vate Maturity years Price per 100 face Value) 5.66 $95.21 Compute the yield to maturity for each bond. Pet the re-coupon yield curve for the first five years els the yield curve upward Hoping, downward sloping, or ot? 3 586.73 551.92 $76 77 O YIELD CURVE YIELD CURVE 70 7 ES BO E 2 10 AR 20 1 10 29