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16. Consider the following $1,000 par value US Treasury zero-coupon bonds: Years to Maturity Yield to Maturity Bond 6.00% 7.50% 8.00% 8.50% 10.25% 2 The

16. Consider the following $1,000 par value US Treasury zero-coupon bonds: Years to Maturity Yield to Maturity Bond 6.00% 7.50% 8.00% 8.50% 10.25% 2 The expected one-year interest rate two years from now should be 17. What are the two definitions of yield to maturity (in words). 18. What is the reinvestment assumption (in words)

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