Assume all rates are annualized with semi-annual compounding. Please be explicit about how you derive your results and r

[answerhappygod]

Assume all rates are annualized with semi-annual compounding.
Please be explicit about how you derive your results and round to
four decimals after the comma. The current price of $1 par of a
zero maturing at time 2 is $0.97. The current price of $1 par
of a zero maturing at time 3 is $0.92. You can enter into a
forward contract today to buy, at time 2, $1 par of a zero maturing
at time 3. The price you would pay at time 2 is the forward price.
The cost today of entering into this contract is zero.
a. Construct a portfolio of 2- and 3-year zeroes that
synthesizes this forward contract.
b. What is the no arbitrage forward price?
c. What is the dollar duration of the forward contract?