2% 1% 0% Compute the three year spot rate [5%] d. Using the same binomial tree, compute the price of a three year floor at 1% on the 1 year rate on a notional of $1m. [5%] 2% 1% 0% Compute the three year spot rate [5%] d. Using the same binomial tree, compute the price of a three year floor at 1% on the 1 year rate on a notional of $1m. [5%]