What should the purchase price of a 2-year zero- coupon bond be, if the 2-year zero coupon bond with face value of $1,000 is purchased at year 3, given the information in the table below? Year 1-year forward rate 1 3 LO 5 a. 881.68 Ob. 898.47 O c. 915.75 O d. 933.53 O e. 907.03 3% 4% 5% 6% 7%

What should the purchase price of a 2-year zerocoupon bond be, if the 2-year zero coupon bond with face value of $1,000 is purchased at year 3 , given the information in the table below? a. 881.68 b. 898.47 C. 915.75 d. 933.53 e. 907.03