Assume the LIBOR interest rates are as follows. 10 - 2.4%, i1. - 4.5%, 11.L - 2.6%, 12,HH = 8.1%, 12.HL - 5.4%, 12.LL - 2.7%. A 3-year bond has a floating coupon equal to LIBOR that is paid annually. A. The bond coupon is capped at 4.3%. What is the price of the capped bond? What is the price of the cap? B. The bond coupon is floored at 3.1%. What is the price of the floored bond? What is the price of the floor? (Give interim values for partial credit.) 12pt Paragraph B I VALT? Tc Assume the LIBOR interest rates are as follows. 10 - 2.4%, i1. - 4.5%, 11.L - 2.6%, 12,HH = 8.1%, 12.HL - 5.4%, 12.LL - 2.7%. A 3-year bond has a floating coupon equal to LIBOR that is paid annually. A. The bond coupon is capped at 4.3%. What is the price of the capped bond? What is the price of the cap? B. The bond coupon is floored at 3.1%. What is the price of the floored bond? What is the price of the floor? (Give interim values for partial credit.) 12pt Paragraph B I VALT? Tc