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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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