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Use this information for the following 7 questions. The following is a list of prices for zero-coupon bonds of various maturities: Maturity (years) Price of

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Use this information for the following 7 questions. The following is a list of prices for zero-coupon bonds of various maturities: Maturity (years) Price of Bond ($) Spot rates Forward rates 1 947.87 2 873.44 3 793.83 4 735.03 a) What is the spot rate 5]? (lpt, Answer format: 14.20, in percent, but include no % symbol, round to 2 digits.)

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