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The current zero-coupon yield curve for risk-free Government of Canada bonds is as follows: Maturity (years) & YTM 1 5.05% 2 5.46% 3 5.78% 4
The current zero-coupon yield curve for risk-free Government of Canada bonds is as follows:
Maturity (years) & YTM
1 5.05%
2 5.46%
3 5.78%
4 5.98%
5 6.03%
What is the price per $100 face value of a four-year, zero-coupon, risk-free bond?
(Round to the nearest cent.)
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