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Today's price for a 1-year, zero-coupon risk-free bond is $983.25, and the price of a 2-year, zero-coupon risk-free bond is $906.46. What should be the
Today's price for a 1-year, zero-coupon risk-free bond is $983.25, and the price of a 2-year, zero-coupon risk-free bond is $906.46. What should be the price of arisk-free,2-yearannualcoupon bond with a coupon rate of 2.0%?Round your answerto the nearest penny(i.e., two decimal places).
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