Assume the zero-coupon yields on default-free securities are as summarized in the following table: What is the price of a 3-year, default-free security with a face value of $1,000 and an annual coupon rate of 5%? What is the yield to maturity for this bond? The price of a 3-year, default-free security with a face value of $1,000 and an annual coupon rate of 5% is $ The yield to maturity for this bond is %. (Round to two decimal places.) Data table (Round to the nearest cent.) (Click on the following icon in order to copy its contents into a spreadsheet.) Maturity (years) Zero-coupon YTM 1 4.00% 2 4.50% 3 4 5 4.80% 5.20% 5.50% Print Done - X