Suppose that all investors expect that the interest rates for the 5 years will be as follows. What is the purchase price of a 3-year zero-coupon bond be if it is purchased at the beginning of year 3 and has face value of $1,000? 1-Year Forward rate 5.5% Year 1 2. 6.1% 3 6.7% 4 7.3% 5 7.9% a. $837.27 b. $809.50 $823.23 d. $873.45