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BBB-rated corporate bond has a yield to maturity of 6.2%. A U.S. Treasury security has a yield to maturity of 4.7%. These yields are quoted

image text in transcribed BBB-rated corporate bond has a yield to maturity of 6.2%. A U.S. Treasury security has a yield to maturity of 4.7%. These yields are quoted as APRs with emiannual compounding. Both bonds pay semiannual coupons at an annual rate of 5.3% and have five years to maturity. What is the price (expressed as a percentage of the face value) of the Treasury bond? What is the price (expressed as a percentage of the face value) of the BBB-rated corporate bond? What is the credit spread on the BBB bonds

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