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Suppose that 6-month, 12-month, 18-month, and 24-month zero rates continuously compounded are 0.03, 0.02,0.03 and...

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Suppose that 6-month, 12-month, 18-month, and 24-month zero rates continuously compounded are 0.03, 0.02,0.03 and 0.04 per annum, respectively. Estimate the cash price of a bond with a face value of S1000 that will mature in 24 months pays a coupon of $67 per annum semiannually. Please write down the numerical answer with two decimal points and no dollar sign. 6 pts Question 2 The two-year zero rate is 0.023 and the three year zero rate is 0.028. What is the forward rate for the third year? All rates are continuously compounded. Write your answer in decimal format and keep 2 decimal points

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