Problem 15-10 The term structure for zero-coupon bonds is currently Maturity (Years) YTNIN) 4.60 5.6 Next year at this time, you expect it to be: Maturity (Years YTH(S) 5.68 6.6 7.6 a. What do you expect the rate of return to be over the coming year on a 3-year zero-coupon bond? (Round your answer to 1 decimal place.) Rate of retum b-1. Under the expectations theory, what yields to maturity does the market expect to observe on 1 and 2 year zeros at the end of the year? (Round your answers to 2 decimal places.) Maturity 1 YTM % 2 t-2. Is the market's expectation of the return on the 3-year bond greater or less than yours? Greater Less