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Use the August 15, 2019 quotes from the U.S. Treasury shown below to calculate the spot rate for each date given in the table. Maturity

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Use the August 15, 2019 quotes from the U.S. Treasury shown below to calculate the spot rate for each date given in the table. Maturity Coupont Price Discount Factor Spot Ratet 2/15/20 3.625 100.84375 8/15/20 2.625 100.875 2/15/21 3.625 103 8/15/21 2.125 101.21875 2/15/22 2.000 101.3125 8/15/22 1.500 100.1875 2/15/23 2.000 101.90625 8/15/23 2.500 104.09375 2/15/24 2.750 105.71875 8/15/24 2.375 104.53125 Coupon and spot rate in %/year, price as percent of par

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