The promised cash flows of three securities are listed below. If the cash flows are risk-free, and the risk-free interest rate is 4.0 %, determine the no-arbitrage price of each security before the first cash flow is paid.(Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.)

Security Sec Cash today Cash flow in one yr

A 500 500

B 0 1000

C 1,100 0

The no-arbitrage price of security A is __ (Round to the nearest cent.)

The no-arbitrage price of security B is ___(Round to the nearest cent.)

The no-arbitrage price of security C is ___ (Round to the nearest cent.)