The following table summarizes prices of various default-free zero-coupon bonds (expressed as a percentage of face value):

a. Compute the yield to maturity for each bond.
b . Plot the zero-coupon yield curve (for the first five years).
c . Is the yield curve upward sloping, downward sloping, or flat?
Use the following information for Problems 5 to 7. The current zero-coupon yield curve for risk-free bonds is as follows:

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Maturity (years) Price (per $100 face value) $95.51 $91.05 $86.38 $81.65 $76.51 Maturtity (years)1 5% 5.5% 575% 5.95% 6.05%