c$.$ Calculate $($one$-$year$)$ implied forward interest rate starting from one year from

now. For example, assuming you work this question on June $21,2024,$ calculate a

forward rate, starting from June $21,2025,$ a year later, to June $21,2026,$ implied in

the yield curve.

d$.$ Find a yield curve on June $21,{2023}_{{?}_{?}}$ by changing date on top$-$left of the same

website and write down the spot interest rates for one$-$year bond $($bill$)$ and two$-$year

bond from the yield curve. Calculate $($one$-$year$)$ implied forward interest rate

starting from June $21,2024.$

e$.$ Compare the spot interest rate for one$-$year bond $($bill$)$ you found in current yield

curve in part b$)$ with the implied forward rate calculated in part d$)$ using the yield

curve on June $21,2023.$ Are the two numbers the same? If not, explain why the

two numbers are different.

Please show work on microsoft excel with equations.