Assume that the prices of zero-coupon bonds, with face value 1000, maturing in \(1,2,3\), and 4 years are

respectively.
- Find the term structure of interest rates.
- Find the one-year forward rates.
- Let us consider the zero maturing in two years and assume that, on a very short time interval, the change in the corresponding rate is modeled by a normal random variable with expected value 0 and standard deviation 0.01 . Find the \(95 \% \mathrm{~V} @ R\), if you have invested \(€ 100,000\) in that bond.

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947.87, 885.81, 815.15, 757.22,