a)

b)

The current zero-coupon yield curve for risk-free bonds is as follows 2 5.48% Maturity (years) 5 5.03% 579% 5.97% YTM What is the price per $100 face value of a four-year, zero-coupon, risk-free bond? The price per $100 face value of the four-year, zero-coupon, risk-free bond is S. (Round to the nearest cent.)