The following is a list of prices for zero-coupon bonds of various maturities.

Maturity (years) Price of Bond: P-639 1 $943.40 2 898.47 3 847.62 4 792.16

a. Calculate the yield to maturity for a bond with a maturity of (i) one year; (ii) two years;

(iii) three years; (iv) four years.

b. Calculate the forward rate for (i) the second year; (ii) the third year; (iii) the fourth yea