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Today's price for a 1-year, zero-coupon riskfree bond is $953.25, and the price of a...

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Accounting

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Today's price for a 1-year, zero-coupon riskfree bond is $953.25, and the price of a 2 year, zero-coupon risk-free bond is $905.46. What should be the price of a risk-free, 2-yea r annual coupon bond with a coupon rate of 4.0% ? Round your answer to the nearest penny. (i.e., two decimal places)

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