You with to buy a 4-year zero coupon bond with a face value of $1000.

You check the yield curve and find the 1 year spot rate is 4.50%.

Your calculations also reveal the 2 year forward rate is 6.47%, the 3 year

forward rate is 6.82% and the 4 year forward rate is 5.91%.

Assuming that the expectations hypothesis is correct, what will the price of

the 4-year zero coupon bond be when it has 2 years left to maturity (at the

end of year 2).