u observe the yields of the Treasury securities at the top of the following page (all yields are shown on a bond-equivalent basis). All the securities maturing from 1.5 years on are selling at par. The 0.5- and 1.0-year securities are zero-coupon instruments. a. Calculate the missing spot rates. b, what should the price of a 6% 6-year Treasury security be? c. What is the 6-month forward rate starting in the sixth year? 13. You Yield to Maturity (%) Spot Rate (%) Year 0.5 2 1.0 1.5 H 2.0 5 2.5 3.0 7 3.5 8 4.0 4.5 16 5.0 5.5 6.0 6.5 7.0 5.25 5.50 5.75 6.00 6.25 6.50 6.75 7.00 7.25 7.50 7.75 8.00 8.25 5.25 5.50 5.76 02 6-28 ?6-5o ?7.38 7.97 8.27 8.59 8.92 9.25 9.61 9.97 10.36 10.77 11.20 8.50 8.75 9.00 9.25 9.50 9.75 10.00 8.0 9.0 9.5 10.0