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Assume the zero-coupon yiekds on defaul-free securitios are as summarized in the following table: (Click on the following icon p in order to copy its

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Assume the zero-coupon yiekds on defaul-free securitios are as summarized in the following table: (Click on the following icon p in order to copy its contents into a spreadsheet) What is the price of a three-year, default-free security with a face value of $1,000 and an annual coupon rate of 3% What is the yield to maturity for this bond? What is the price of a three-year, dofoult-4ree security with a face value of $1,000 and an annual coupon rate of 3% ? The price is $ (Round to the nearest cent.)

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