Use the following information for Questions 7-8. Time Period Oyly" "lyly 2yly Zyly 4yly Forward Rate 0.75% 1.23% 2.99% 3.15% 3.01% 7. What is the 4-year implied spot rate? State your answer in percent and round it to the two decimal places. 8. What is the value per 100 of par value of a four-year, 6% coupon bond, with interest payments paid annually? 2. A bond with four years remaining until maturity offers a 7% coupon rate with interest paid quarterly. At a market discount rate of 5%, find the price of this bond per 100 of par value. Round your answer to three decimal places