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Use the Table for the Question(s)below

Question 63

Multiple Choice

Use the table for the question(s) below.
Consider the following zero-coupon yields on default-free securities: Use the table for the question(s) below. Consider the following zero-coupon yields on default-free securities: -The price today of a 3-year default-free security with a face value of $1000 and an annual coupon rate of 6% is closest to: A) $1000. B) $1021. C) $1013. D) $1005.
-The price today of a 3-year default-free security with a face value of $1000 and an annual coupon rate of 6% is closest to:


A) $1000.
B) $1021.
C) $1013.
D) $1005.

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