P6-4 (similar to) Suppose the current, zero-coupon, yield curve for risk-free bonds is as follows: 1 2 2 4 5 Maturity (years) Yield to Maturity 3 4.96% 4.31% 4.73% 5.33% 5.56% a. What is the price per $100 face value of a 3-year, zero-coupon risk-free bond? b. What is the price per $100 face value of a 5-year, zero-coupon, risk-free bond? c. What is the risk-free interest rate for a 5-year maturity? Note: Assume annual compounding. a. What is the price per $100 face value of a 3-year, zero-coupon risk-free bond? The price is $1 (Round to the nearest cent.) P6-6 (similar to) Suppose a 10-year, $1,000 bond with a 7% coupon rate and semiannual coupons is trading for a price of $1,023.55. a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)? b. If the bond's yield to maturity changes to 9% APR, what will the bond's price be? a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)? The YTM is % (Round to two decimal places.)