You observe the yields of the following Treasury securities (all yields are on a bond- equivalent basis) as shown in Table 1. All the securities maturing from 1.5 years on are selling at par. The 0.5 and 1.0-year securities are zero-coupon instruments. Answer the below questions. Table 1 Year (Period) Yield to Maturity (%) Spot Rate (% 5.45 5.45 1.0 (2) 5.65 5.65 1.5 (3) 5.80 ??? 2.0 (4) 6.15 ??? 2.5 (5) 6.30 ??? a. Calculate the missing spot rate. (10 points) b. What is the six-month forward rate starting in the year 2? (2 points)