The promised cash flows of three securities are listed below. If the cash flows are? risk-free, and the? risk-free interest rate is 4.0 %, determine the? no-arbitrage price of each security before the first cash flow is paid. ?(Click on the icon located on the? top-right corner of the data table below in order to copy its contents into a? spreadsheet.)
Security Sec Cash today Cash flow in one yr
A 500 500
B 0 1000
C 1,100 0
The? no-arbitrage price of security A is __ ?(Round to the nearest? cent.)
The? no-arbitrage price of security B is ___?(Round to the nearest? cent.)
The? no-arbitrage price of security C is ___ ? (Round to the nearest? cent.)