In: Finance
On March 11, 20XX, the existing or current (spot) one-year,
two-year, three-year, and four-year zero-coupon Treasury security
rates were as follows:
1R1 = 2.23%,
1R2 = 2.55%,
1R3 = 2.79%,
1R4 = 2.90%
Using the unbiased expectations theory, calculate the one-year
forward rates on zero-coupon Treasury bonds for years two, three,
and four as of March 11, 20XX. (Do not round intermediate
calculations. Round your answers to 2 decimal places. (e.g.,
32.16))