1. (9 marks) The following table shows the yield to maturity (YTM) of various types of bonds on March 15, 2022. U.S. Treasury Corp. AAA Corp. AA 2-year 1.852% 2.117% 2.216% 5-year 2.107% 2.535% 2.704% 10-year 2.146% 2.942% 3.159% The YTM of a 3-month T-bill is 0.46%. a. What is the expected yield of a three-year Treasury two years from the date above according to the pure expectations theory? (3 marks) b. What is the risk premium of a 5-year T-note? (3 marks) c. What explains the 0.428% difference in YTM between a 5-year U.S. Treasury and a 5-year AAA corporate bond? (3 marks) 1. (9 marks) The following table shows the yield to maturity (YTM) of various types of bonds on March 15, 2022. U.S. Treasury Corp. AAA Corp. AA 2-year 1.852% 2.117% 2.216% 5-year 2.107% 2.535% 2.704% 10-year 2.146% 2.942% 3.159% The YTM of a 3-month T-bill is 0.46%. a. What is the expected yield of a three-year Treasury two years from the date above according to the pure expectations theory? (3 marks) b. What is the risk premium of a 5-year T-note? (3 marks) c. What explains the 0.428% difference in YTM between a 5-year U.S. Treasury and a 5-year AAA corporate bond