Currently, the term structure is as follows: One-year bonds yield 8.00%, two-year zero-coupon bonds yield 9.00%, three-year and longer maturity zero-coupon bonds all yield 10.00%. You are choosing between one, two, and three-year maturity bonds all paying annual coupons of 9.00%. You strongly believe that at year-end the yield curve will be flat at 10.00%. a. Calculate the one year total rate of return for the three bonds. (Do not round intermediate calculations. Round your answers to 2 decimal places.) One Year One year total rate of return Two Years % Three Years % b. Which bond you would buy? One-year bond Two-year bond Three-year bond