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The following table summarizes the yelds to maturity on several one-year, zero-coupon securities: a. What is the pnce (expressed as a percentage of the face

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The following table summarizes the yelds to maturity on several one-year, zero-coupon securities: a. What is the pnce (expressed as a percentage of the face value) of a one-year, zero-coupon corporate bond with a AAA rating? b. What is the credit spread on AAA-rated corporate bonds? c. What is the credit spread on B-rated corporate bonds? d. How does the credit spread change with the bond rating? Why? a. What is the price (expressed as a percentage of the lace value) of a one-year, zero-coupon corporate bond with a AAA rating? The price of this bond will be \%. (Round to three decimal places.) The followng tatile surnmarizes the youlds to maturity on sevefid one-year, zem coupon sacurities a. What is the peice (ecpressed as a percentage of the face valief) of a onetyear, zevo coupon corpoiale bond with a AAA fating? b. What is the credst spiead on AAAtated corpocale borits? c. What is the ciedit spread on B.tated corporate bonds? d. How does the credt spread chango with the band fating? Wly? a. What is the pa Data table The price of thist rating? (Click on the folowing icon of ir order to copy es contents into a spreadshoet) Important "The yields dspliyyed are annually compounded yieide

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