The following table summarizes the yields to maturity on several one-year, zero-coupon securities a. What is the price (expressed as a percentage of the face value) of a one-year zero-coupon corporate bond with a AAA rating? 6. 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 face value) of a one-year zero-coupon corporate bond with a AAA rating? The price of this band will be % (Round to three decimal places) Data Table b. What is the credit spread on AAA rated corporate bonds? The credit spread on AAA rated corporate bonds is 2% (Round to two decimal places) (Click on the following icon in order to copy its contents into a c. What is the credit spread on B-rated corporate bonds? Important. The yields displayed are annually compounded yields Security Yield (%) The credit spread on B-rated corporate bonds ls > (Round to two decimal places) 3.15 Treasury AAA corporate 324 d. How does the credit spread change with the band rating? Why? (Select the best choice belo BBB corporate 422 OA. The credit spread decreases as the bond rating on because higher rated bonds are the 8 corporate OB. The credit spread decreases as the bond rating falls because lower rated bonds are rink OC. The credit spread increased as the bond rating falle because lower-tated bonds are con OD. The credit spread increases as the bond rating rines because higher rated bonds are in Print Done 4.91