2. Using the semi-annually compounded yield curve in Table 2.4, price the following securities:(2 points) (a) 5-year zero coupon bond (b) 7-year coupon bond paying 15% semiannually (c) 4-year coupon bond paying 7% quarterly (d) 3 1/4-year coupon bond paying 9% semiannually Table 2.4 Yield Curve on March 15. 2000 Yield Yield Yield Maturity 0.25 0.50 0.75 1.00 1.25 1.50 1.75 2.00 2.25 2.50 6.33% 6.49% 6.62% 6.71% 6.79% 6.84% 6.87% 6.88% 6.89% 6.88% Maturity 2.75 3.00 3.25 3.50 3.75 4.00 4.25 4.50 4.75 5.00 6.86% 6.83% 6.80% 6.76% 6.72% 6.67% 6.62% 6.57% 6.51% 6.45% Maturity 5.25 5.50 5.75 6.00 6.25 6.50 6.75 7.00 7.25 7.50 6.39% 6.31% 6.24% 6.1596 6.05% 5.94% 5.81% 5.67% 5.50% 5.31% 2. Using the semi-annually compounded yield curve in Table 2.4, price the following securities:(2 points) (a) 5-year zero coupon bond (b) 7-year coupon bond paying 15% semiannually (c) 4-year coupon bond paying 7% quarterly (d) 3 1/4-year coupon bond paying 9% semiannually Table 2.4 Yield Curve on March 15. 2000 Yield Yield Yield Maturity 0.25 0.50 0.75 1.00 1.25 1.50 1.75 2.00 2.25 2.50 6.33% 6.49% 6.62% 6.71% 6.79% 6.84% 6.87% 6.88% 6.89% 6.88% Maturity 2.75 3.00 3.25 3.50 3.75 4.00 4.25 4.50 4.75 5.00 6.86% 6.83% 6.80% 6.76% 6.72% 6.67% 6.62% 6.57% 6.51% 6.45% Maturity 5.25 5.50 5.75 6.00 6.25 6.50 6.75 7.00 7.25 7.50 6.39% 6.31% 6.24% 6.1596 6.05% 5.94% 5.81% 5.67% 5.50% 5.31%