The 6-month, 12-month, 18-month, and 24-month zero rates are 3.5%, 4.0%, 4.25%, and 4.50% with semi-annual compounding.
Q1: What are the rates with continuous compounding?
Q2: What is the forward rate for the six-month period beginning in 12 months (i.e., F12,18)?
Q3: What is the value of an FRA that promises to pay you 5.0% (compounded semi-annually) on a principal of $1 million for the six-month period starting in 12 months?