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I want to know the formula and get a better understanding of calculating the answer. Thank you! Use the following information to answer questions 8

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I want to know the formula and get a better understanding of calculating the answer. Thank you!

Use the following information to answer questions 8 - 9. All rates are annual. The one-year zero coupon rate is 3%. The two year zero-coupon rate is 3.5%. The three year zero-coupon rate is 3.25%. The price of a three-year 3% coupon bond with the face value of $1,000 is $.{8}...........(accuracy to one cent) and its yield to maturity is........ {9}..............percent (enter 3.65% as 3.65 not 0.0365, accuracy at least to two decimals) Question 8 1 pts All rates are annual. The one-year zero coupon rate is 3%. The two year zero-coupon rate is 3.5%. The three year zero-coupon rate is 3.25%. The price of a three-year 3% coupon bond with the face value of $1,000 is $............ (accuracy to one cent)

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