Homework: M2: Chapter 6 Homework Save 1 year Score: 0 of 1 pt 3 of 10 (9 complete) HW Score: 76.67%, 7.67 of 10 pts P6-17 (similar to) Question Help Assume the zero-coupon yields on default-free securities are as summarized in the following table: Maturity 2 years 3 years 4 years 5 years Zero-Coupon Yields 3.5% 4.1% 4.4% 4.7% 4.9% What is the price today of a two-year, default-free security with a face value of $1,000 and an annual coupon rate of 8%? Does this bond trade at a discount, at par, or at a premium? Note: Assume annual compounding. What is the price today of a two-year, default-free security with a face value of $1,000 and an annual coupon rate of 8%? The price is $ . (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. ? Question Viewer 1 part Clear All Check Answer remaining