Homework: M2: Chapter 6 Homework Save Score: 0 of 1 pt 4 of 10 (6 complete) HW Score: 33.33%, 3.33 of 10 pts P6-29 (similar to) Question Help The following table summarizes yields to maturity on several 1-year, zero-coupon securities: Security Yield Treasury 2.890% AAA Corporate 3.746% BBB Corporate 3.960% B Corporate 4.781% a. What is the price (expressed as a percentage of the face value) of a 1-year, zero-coupon corporate bond with a AAA-rating and a face value of $1,000? b. What is the credit spread on AAA-rated corporate bonds? c. What is the credit spread on B-rated corporate bonds? d. How does the credit spread change with the bond rating? Why? a. What is the price (expressed as a percentage of the face value) of a 1-year, zero-coupon corporate bond with a AAA-rating and a face value of $1,000? The price, expressed as a percentage of the face value, is . (Round to three decimal places. Enter your answer in the answer box and then click Check Answer. ? 3 parts remaining Clear All Check