Question: Assume the zero - coupon yields on default - free securities are as summarized in the following table: ( Click on the following icon in

Assume the zero-coupon yields on default-free securities are as summarized in the following table: (Click on the
following icon in order to copy its contents into a spreadsheet.)
What is the price of a three-year, default-free security with a face value of $1,000 and an annual coupon rate of 5%?
What is the yield to maturity for this bond?
What is the price of a three-year, default-free security with a face value of $1,000 and an annual coupon rate of 5%?
The price is $.(Round to the nearest cent.)
 Assume the zero-coupon yields on default-free securities are as summarized in

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