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The promised cash flows of three securities are listed below. If the cash flows are risk-free, and the risk-free interest rate is 6.0%, determine the

The promised cash flows of three securities are listed below. If the cash flows are risk-free, and the risk-free interest rate is 6.0%, determine the no-arbitrage price of each security before the first cash flow is paid.

Security Cash Flow Today ($) Cash Flow in One Year ($)
A 700 700
B 0 1,400
C 1,400 0

The no-arbitrage price of Security A is $ Answer. (Round to the nearest cent.)

The no-arbitrage price of Security B is $ Answer. (Round to the nearest cent.)

The no-arbitrage price of Security C is $ Answer. (Round to the nearest cent.)

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