A three year bond with coupon rate 4.25%, face value $10,000 has a yield to maturity of 5.85%. Assume that coupons are paid once per year and that the next coupon will be paid in exactly one year. a. What is the bond price? 2 marks b. Assume that the prices of 1 year zero coupon bonds and 2 year zero coupon bonds with face $100 are 96.22 and 91.85 respectively. Assuming that there is no arbitrage, what is the price of a 3 year zero with the same face value? What are the 1, 2 and 3 year spot rate? 3 marks