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Use the August 15, 2020 U.S. Treasury quotes shown below to calculate the discount factor and spot rate for each maturity given in the table.

Use the August 15, 2020 U.S. Treasury quotes shown below to calculate the discount factor and spot rate for each maturity given in the table. image text in transcribed

Discount Factor Spot Rate Maturity Year 2/15/21 8/15/21 2/15/22 8/15/22 2/15/23 8/15/23 2/15/24 8/15/24 2/15/25 8/15/25 Coupon 0.5 3.625 1 2.75 1.5 2.5 2 1.625 2.5 1.375 2.5 3.5 2.75 4 2.375 4.5 2 5 2 Price 101.71875 102.59375 103.46875 102.90625 103 106.90625 108.84375 108.46875 107.6875 108.375

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