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A BBB-rated corporate bond has a yield to maturity of 6.6%. AU.S. Treasury security has a yield to maturity of 4.9%. These yields are quoted

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A BBB-rated corporate bond has a yield to maturity of 6.6%. AU.S. Treasury security has a yield to maturity of 4.9%. These yields are quoted as APRs with semiannual of compounding. Both bonds pay semi-annual coupons at a rate of 5.2% and have five years to maturity vo a. What is the price (expressed as a percentage of the face value) of the Treasury bond? 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? What is the price (expressed as a percentage of the face value) of the Tromury bond? The price of the Treasury bond as a percentage of face value is % (Round to three decimai places.) b. What is the price (expressed as a percentage of the face value) of the Bee-rated corporate bond? The price of the BBB-rated corporate bond as a percentage of face value is 1%. (Round to three decimal places) c. What is the credit spread on the BBB bonds? The credit spread on the BBB bonds is 3%. (Round to two decimal places.)

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