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A BBB - rated corporate bond has a yield to maturity of 9 . 5 % . A U . S . Treasury security has

A BBB-rated corporate bond has a yield to maturity of 9.5%. A U.S. Treasury security has a yield to maturity of 7.7%. These yields are quoted as APRs with semiannual compounding. Both bonds pay semi-annual coupons at a rate of 8.6% and have 5 years to maturity.
a. What is the price(expressed as a percentage of the face value) of the Treasury bond? Round to three decimal places
b. What is the price(expressed as a percentage of the face value) of the BBB-rated corporate bond?
c. What is the credit spread on the BBB bonds?

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