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Below is a list of prices for zero - coupon bonds of various maturities. a . A 9 . 5 % coupon $ 1 ,

Below is a list of prices for zero-coupon bonds of various maturities.
a. A 9.5% coupon $1,000 par bond pays an annual coupon and will mature in 3 years. What should the yield to maturity on the bond
be?(Round your answer to 2 decimal places.)
Yield to maturity
b. If at the end of the first year the yield curve flattens out at 8.1%, what will be the 1-year holding-period return on the coupon bond?
(Round your answer to 2 decimal places.)
Holding-period return
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