Prices of zero-coupon, default-free bonds with face values of $1,000 are summarized in the following table: Maturity 1. 2 $938.95 $904.56 Price (per $,1000 face value) $970.87 (a) Suppose you observe that a 3-year, default-free bond with an annual coupon rate of 10% and a face value of $1,000 has a price today of $1,183.50. Is there an arbitrage opportunity? If so, show how you would take advantage of this opportunity. (b) Draw the yield curve based on the spot rates above Prices of zero-coupon, default-free bonds with face values of $1,000 are summarized in the following table: Maturity 1. 2 $938.95 $904.56 Price (per $,1000 face value) $970.87 (a) Suppose you observe that a 3-year, default-free bond with an annual coupon rate of 10% and a face value of $1,000 has a price today of $1,183.50. Is there an arbitrage opportunity? If so, show how you would take advantage of this opportunity. (b) Draw the yield curve based on the spot rates above