Suppose the current, zero-coupon, yield curve for risk-free bonds is as follows:

Maturity (years)	1	2	3	4	5
Yield to Maturity	4.59%	4.97%	5.30%	5.66%	5.78%

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

4-year,

zero-coupon, risk-free bond?c. What is the risk-free interest rate for a

1-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

$enter your response here.

(Round to the nearest cent.)