Consider the following $1,000 par value zero-coupon bonds: Bond A B C D Years until Maturity 1 2 3 4 Yield to Maturity 9.00% 10.00 10.50 11.00 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.) Interest rate % 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.) YTM Maturity (years) 1 % 2 % 3 %