Question: 3. Forward rates are listed below: fo 1 = 4.5% $1,2 = 5% $2,3 = 5.5% $3,4 = 6% $4,5 6.5% What is the price

3. Forward rates are listed below: fo 1 = 4.5% $1,2

3. Forward rates are listed below: fo 1 = 4.5% $1,2 = 5% $2,3 = 5.5% $3,4 = 6% $4,5 6.5% What is the price of a 4-year zero-coupon bond purchased today with par-value $1000

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