5-8. The interest rate on one-year Treasury bonds is 1.0 percent, the rate on two-year T-bonds is 0.9 percent, and the rate on three-year T-bonds is 0.8 percent. Using the expectations theory, compute the expected one-year interest rates in (a) the second year (Year 2 only) and (b) the third year (Year 3 only). 5-14. Today is January 2, 2019, and investors expect the annual risk-free interest rates in 2019 through 2021 to be: Year One-Year Rate 2019 2.2% 2020 1.8 2021 2.9 What is the yield to maturity for Treasury bonds that mature at the end of (a) 2020 (a two-year bond) and (b) 2021 (a three-year bond)? Assume the bonds have no risks. 5-16. Suppose today is January 2, 2019, and investors expect the annual risk-free interest rates in 2023 and 2024 to be: One-Year Rate 2023 4.5% 2024 2.3 Currently a four-year Treasury bond that matures on December 31, 2022 has an interest rate equal to 2.5 percent. What is the yield to maturity for Treasury bonds that mature at the end of (a) 2023 (a five-year bond) and (b) 2024 (a six-year bond)? Assume the bonds have no risks