1. Table 1 gives pricing data for five bonds of different maturities:

Bond Principal ($)	Time to Maturity (years)	Annual Coupon ($)	Bond Price ($)	Coupon Payment Frequency
100	0.25	0	98.5
100	0.50	0	96.5
100	1.00	6	98	(A)
100	1.50	9	100.0	(SA)
100	2.00	10	99.0	(SA)

Table 1. For coupon paying bonds, half the stated annual coupon is paid every six months when the coupon payment frequency is (SA). The one-year bond pays an annual coupon.

1. Compute the continuously compounded yields of these five bonds.
2. Compute the continuously compounded zero rates determined by the data in Table 1. You can use a methodology similar to the one developed in section 4.7 of the textbook.

2. Given the information presented and computed in question 9) above:

1. Compute the par yield of a two-year bond paying semi-annual coupon payments.
2. Compute the par yield of a two-year bond paying annual coupon payments.