Below is a list of prices for zero-coupon bonds of various maturities. Required: a. An 8.8% 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? b. If at the end of the first year the yield curve flattens out at 7.5%, what will be the 1-year holding-period return on the coupon bond