What is the YTM of a 3-year default-free security with a face value of $1,000 and an annual coupon rate of 6%? Show all your work. (5 MARKS) IF How will a 3-year default-free security with a face value of $1,000 and an annual coupon rate of 6% trade? You should be doing a calculation that will determine the type of trade (i.e. premium, discount, par). (4 MARKS)