The following table summarizes the yields to maturity on several? one-year, zero-coupon? securities: Security Yield ?(%) Treasury...

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The following table summarizes the yields to maturity onseveral? one-year, zero-coupon? securities: Security Yield ?(%)Treasury 3.07 AAA corporate 3.19 BBB corporate 4.14 B corporate4.85 a. What is the price? (expressed as a percentage of the face?value) of a? one-year, zero-coupon corporate bond with a AAA?rating? b. What is the credit spread on? AAA-rated corporate?bonds? c. What is the credit spread on? B-rated corporate? bonds?d. How does the credit spread change with the bond? rating? Why? a.What is the price? (expressed as a percentage of the face? value)of a? one-year, zero-coupon corporate bond with a AAA? rating? Theprice of this bond will be nothing?%. ?(Round to three decimal?places.)

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The following table summarizes the yields to maturity onseveral? one-year, zero-coupon? securities: Security Yield ?(%)Treasury 3.07 AAA corporate 3.19 BBB corporate 4.14 B corporate4.85 a. What is the price? (expressed as a percentage of the face?value) of a? one-year, zero-coupon corporate bond with a AAA?rating? b. What is the credit spread on? AAA-rated corporate?bonds? c. What is the credit spread on? B-rated corporate? bonds?d. How does the credit spread change with the bond? rating? Why? a.What is the price? (expressed as a percentage of the face? value)of a? one-year, zero-coupon corporate bond with a AAA? rating? Theprice of this bond will be nothing?%. ?(Round to three decimal?places.)