Below is a list of prices for zero-coupon bonds of various maturities. Maturity Price of $1,000 Par (Years) Bond (Zero-Coupon) 1 $971.00 879.73 3 805.94 a. An 9.6% 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? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "%" sign in your response.) Yield to maturity % b. If at the end of the first year the yield curve flattens out at 7.9%, what will be the 1-year holding-period return on the coupon bond? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "%" sign in your response.) Holding-period return %