Consider an 8% coupon bond selling for $953.10 with three years until maturity making annualcoupon payments. The interest rates in the next three years will be, with certainty, r 1 = 8%, r 2 =10%, and...

Consider an 8% coupon bond selling for $953.10 with three years until maturity making annualcoupon payments. The interest rates in the next three years will be, with certainty, r₁
= 8%, r₂
=10%, and r₃
= 12%. Calculate the bond’s (a) yield to maturity and (b) realized compound yield.