A four-year, zero-coupon Treasury bond sells at a price of R762.8952.A three-year, zero-coupon Treasury bond sells at a price of R827.8491.Assuming the pure expectations theory is correct, what does the market believe the price of one-year, zero-coupon bonds will be in three years?

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The Answer of A four-year, zero-coupon Treasury bond sells at a price of R762.8952.A three-year, zero-coupon Treasury bond sells at a price of R827.8491.Assuming the pure expectations theory is correct, what does the market believe the price of one-year, zero-coupon bonds will be in three years?

A Four-Year, Zero-Coupon Treasury Bond Sells at a Price of R762.8952.A