- PIS 2020 Homework: Chapter 6 Homework Score: 0 of 1 pt 9 of 10 (6 complete) P6-26 (similar to) The following table summarizes the yields to maturity on several one-year, zero-coupon securities: Security Treasury AAA corporate BBB corporate B corporate Yield (%) 3.07 3.16 4.20 4.91 a. What is the price (expressed as a percentage of the face value) of a one-year, zero-coupon corporate bond with a AAA rating? 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 one-year, zero-coupon corporate bond with a AAA rating? The price of this bond will be %. (Round to three decimal places.)