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10. You have a $1000-par zero-coupon bond that has 3 years of remaining maturity. Y have plans on selling the bond in one year and

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10. You have a $1000-par zero-coupon bond that has 3 years of remaining maturity. Y have plans on selling the bond in one year and you believe that the required yield next ye will have the following probability distribution: Probability Required yield 0.2 5.25 0.3 5.5 0.5 6.0 1. What is your expected price when you sell the bond? 2. What is the standard deviation of the bond price

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