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A BBB-rated corpornte bond has a yiold to maturity of 10.9%. A U.S. Treasury security has a yield to maturity of 9.24 . These yielde

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A BBB-rated corpornte bond has a yiold to maturity of 10.9%. A U.S. Treasury security has a yield to maturity of 9.24 . These yielde are quoted as APRs with somiarnual cornpoundre. Both bond pay semi annual coupons at a rate of 9.3% and heve five years to maturity. a. What in the price (oxpressed as a peroentage of the face value) of the Treasury bond? b. What is the price (expressed as a percentape of the face value) of the BBB-rated corperate bond? c. What is the credit speeed on the BBB bonds? a. What is the price (expressed as a peroentage of the face value) of the Treasury bond? The price of the Treasury bond as a percentage of face value is 16. (Round to three decimal plaoes.)

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