q1:

A BBB-rated corporate bond has a yield to maturity of 11.1%. A U.S. treasury security has a yield to maturity of 9.7%. These yields are quoted as APRs with semiannual compounding. Both bonds pay? semi-annual coupons at a rate of 10.4% and have five years to maturity.????

a. The price of the treasury bond as a percentage of face value is ???%. ?(Round to three decimal? places.)

b. What is the price? of the? BBB-rated corporate? bond expressed as a percentage of the face? value is ??%? (Round to three decimal? places.)

c. What is the credit spread on the BBB? bonds?