Assume you have a 1-year investment horizon and are trying to choose among three bonds. All have the same degree of default risk and mature in 10 years. The first is a zero-coupon bond that pays $1,000 at maturity. The second has an 8% coupon rate and pays the $80 coupon once per year. The third has a 10% coupon rate and pays the $100 coupon once per year. If all three bonds are now priced to yield 8% to maturity, what are the prices of (i) the zero-coupon bond; (ii) the 8% coupon bond; (iii) the 10% coupon bond? If you expect their yields to maturity to be 8% at the beginning of next year, what will be the price of each bond? What is your before-tax holding-period return on each bond? E Recalculate your answers to parts (b)(d) under the assumption that you expect the yields to maturity on each bond to be 7% at the beginning of next year.

Just Part E please. THANK YOU