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Currently, the term structure is as follows: 1-year zerocoupon bonds yield 7%; 2-year bonds yield 8%; 3-year bonds and longer-maturity bonds all yield 9%. You

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Currently, the term structure is as follows: 1-year zerocoupon bonds yield 7%; 2-year bonds yield 8%; 3-year bonds and longer-maturity bonds all yield 9%. You are choosing between 1-? 2-, and 3-year maturity bonds all paying annual coupons of 8%. a. What is the price of each bond today? b. What will be the price of each bond in one year if the yield curve is at at 9% at that time? c. What will be, the rate of return on each bond

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