A four-year, zero-coupon Treasury bond sells at a price of $762.8952. A three-year, zero-coupon Treasury bond sells at a price of $827.8491. Assuming the pure expectations theory is correct, what does the market believe the price of one-year, zero-coupon bonds will be in three years?

	a.	$921.66
	b.	$945.26
	c.	$934.58
	d.	$938.97
	e.	$950.47

A four-year, zero-coupon Treasury bond sells at a price of $762.8952. A three-year, zero-coupon Treasury bond sells at a price of $827.8491. Assuming the pure expectations theory is correct, what does the market believe the price of one-year, zero-coupon bonds will be in three years? o a. $921.66 b. $945.26 o C, $934.58 C. $934 58 o d. $938.97 oupon bonds o e $950.47