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You are a bond trader in the City of London and observe the following information on U.K. default-free government bonds, where all bonds pay

You are a bond trader in the City of London and observe the following information on U.K. default-free government bonds, where all bonds pay annual coupons and have a par value of 100: Price Maturity Coupon Rate Bond A 96.760 2 years 6% Bond B 104.111 2 years 10% What are the implied one-year spot rate, two-year spot rate and the one-year forward rate in one year's time i.e., 1f1?

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