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4.9 Consider the following yields to maturity on various one-year zero-coupon securities: Security Yield (%) Treasury AAA Corporate 5.1 BBB Corporate 5.9 B Corporate 6.5

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4.9 Consider the following yields to maturity on various one-year zero-coupon securities: Security Yield (%) Treasury AAA Corporate 5.1 BBB Corporate 5.9 B Corporate 6.5 The price (expressed as a percentage of the face value) of a one-year, zero-coupon, corporate bond with a BBB rating is closest to: O A. 75.54 O B. 94.43 O C. 113.31 D. 132.2

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