S. You own a $1,000-par zero-coupon bond that has 4 years of remaining maturity. You plan on selling the bond in one year and believe that the required yield next year will have the following probability distribution: Probability Required Yield 0.2 0.1 0.5 0.2 8.50% 8.75% 9.00% 9.25% a. b. What is your expected price when you sellthe bond? What is the standard deviation? Government economists have forecasted one-year T-bill rates for the following five years as follows: 4. Year 1-year rate 6.50% 7.50% 8.50% 18.85% | 9.25% 10.00% You have liquidity premium 0.75% for the next four years and 1.25% thereafter, would you be willing to purchase a 4-year T-bond at an 8.50% interest rate