Saved Question 1 (2 points) An analyst is evaluating her bond portfolio. One of her zero coupon bonds will mature in 10 years and the spot rate is 6%. The analyst expects that there would be two equally possible scenarios one year from today. In the first scenario the spot rate would be 4% and in the second scenario the spot rate would be 7%. Please help her to estimate the expected one year return (in percentage terms) of the bond. Note that all bonds are semi-annual. The answer is 11.85% The answer is 6.16% The answer is 11.62% The answer is 6.01%