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A BBB-rated corporate bond has a yield to maturity of 11.9%. A U S. Treasury security has a yield to maturity of 10.4%. Theso yields

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A BBB-rated corporate bond has a yield to maturity of 11.9%. A U S. Treasury security has a yield to maturity of 10.4%. Theso yields are quoted as APRs weth semiannual compounding Both bonds pay semi-amual coupons at a rate of 10.9% and have 5 years to maturity. a. What is the price (expeessed 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 bends? a. What is the price (expressed as a percertage of the face value) of the Treasury bend? The price of the Treasury bond as a percortage of tace value is K. (Round to three decimal places.)

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