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8. Suppose yield to maturities of discount bonds issued by US Treasury are shown as follows: 1-year 1.9% 2-year 2.6% 3-year 3% Compute the price

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8. Suppose yield to maturities of discount bonds issued by US Treasury are shown as follows: 1-year 1.9% 2-year 2.6% 3-year 3% Compute the price of the 3-year annual coupon bond with 2.5% coupon issued by China Mobile with face value of $1000. (3 points)

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