The current annual term structure of interest rates is: (7%, 7.25%, 7.5%, 7.75%, 8%, ...) je y = 7%, y2 = 7.25%, y2 = 7.5%, ya = 7.75% and Y5 = 8%. A five-year fixed-interest security has just been issued. It pays coupons of 6% annually in arrears and is redeemable at par. Calculate: (i) the price per 100 nominal of the security the gross redemption yield of the security