Treasury spot interest rates are as follows:

Maturity (years) 1 2 3 4

Spot rate (EAR) 1.4% 2.8% 3.6% 4.5%

What is the price of a risk-free zero-coupon bond with 3 years to maturity and a face value of $1,000 (in $) ( answer to 0+ decimals)?

What is the flat (or clean) price of the bond (in percent of par) on the settlement date? Use Excel's PRICE() function.Dates must be entered with Excel's DATE() function.

A corporate bond with a coupon rate of 6% pays interest semiannually and has a maturity date of May 28, 2027. The trade settles on March 20, 2020. The yield to maturity is 11%.