QUESTION 2 "You purchased a 60-year annual-interest coupon bond 2 year ago. Its coupon interest rate was 9%, and its par value was $1000. At the time you purchased the bond, the yield to maturity was 9%. If you sold the bond after receiving the first interest payment and the bond's yield to maturity had changed to 8%, your annual total rate of return on holding the bond for that year would have been approximately QUESTION 3 "Consider the following five $1,000 par value zero-coupon bonds: (A) Maturity in 1 year and 3% Yield to Maturity; (B) Maturity in 2 years and 7% Yield to Maturity; (C) Maturity in 3 years and 8% Yield to Maturity; (D) Maturity in 4 years and 9% Yield to Maturity; and (E) Maturity in 5 years and 10% Yield to Maturity; Ignoring any liquidity premiums, the expected 1-year interest rate 1 year from now should be