Quarter-by-quarter zero-coupon bond prices and oil forward prices.
Quarter
Zero-bond
Oil forward
1
0.9852
21
2
0.9701
21.1
3
0.9546
20.8
4
0.9388
20.5
5
0.9231
20.2
6
0.9075
20
7
0.8919
19.9
8
0.8732
19.8
Using the information about zero-coupon bond prices and oil forward prices given in the table above, construct the set of oil swap prices for quarters 1 through 8.
Oil swap price for quarter 1 is $
?
Oil swap price for quarter 2 is $
?
Oil swap price for quarter 3 is $
?
Oil swap price for quarter 4 is $
?
Oil swap price for quarter 5 is $
?
Oil swap price for quarter 6 is $
?
Oil swap price for quarter 7 is $
?
Oil swap price for quarter 8 is $
?
You can earn partial credit on this problem.