In each of the following questions, indicate clearly the steps in your calculations and the formula used. Drav the timeline. Show your work. Indicating only a numerical value as an answer will not receive credit. (5pts) (a) Find the current price of the zero-coupon bonds. (10pts) (b) Consider a three-year coupon bond with a $2000 face value that pays 10% annual coupons. Show that the price of this three-year bond must be equal to a portfolio of the above zero-coupon bonds. What must be the composition of this portfolio? Draw the necessary timelines and show your work. (See the Appendix to Chapter 6)