Question: The function s ( t ) = 0.16 0.06 e t / 4 provides the term structure of effective annual rates of zero coupon bonds

The function s(t) = 0.16 0.06et/4 provides the term structure of effective annual rates of zero coupon bonds of maturity t, with t in years. Find the following:
(a) The effective annual rate of a 3 year zero coupon bond.
(b) The 2-year forward effective annual rate for a one year period.
(c) The forward effective annual rate for a one year period, 3 years forward.
(d) The 3-year forward effective annual rate for a 3 month period.
(e) The forward effective annual rate for a one day period, 3 years forward (the "overnight" rate). (Use 1/365 for a one-day period.)

Problem #5(a):
Answer as a percentage, correct to 2 decimals.

Problem #5(b):
Answer as a percentage, correct to 2 decimals.

Problem #5(c):
Answer as a percentage, correct to 2 decimals.

Problem #5(d):
Answer as a percentage, correct to 2 decimals.

Problem #5(e):
Answer as a percentage, correct to 2 decimals.

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