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Consider the following ( $ 1,000 ) par value zero-coupon bonds: Required: a. According to the expectations hypothesis, what is the market's expectation of the

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Consider the following \\( \\$ 1,000 \\) par value zero-coupon bonds: Required: a. According to the expectations hypothesis, what is the market's expectation of the one-year interest rate three years from now? (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. What are the expected values of next year's yields on bonds with maturities of (a) 1 year; (b) 2 years: (c) 3 years? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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