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

b. Calculate the forward rate for (i) the second year; (ii) the third year; (iii) the fourth year. Assume annual coupon payments. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
\table[[Maturity (years),Price of Bond],[1,$978.43
 b. Calculate the forward rate for (i) the second year; (ii)

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