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Assuming an interest rate volatility of 10%, the binomial interest rate tree for ABC Company with a maturity of up to four years is shown

Assuming an interest rate volatility of 10%, the binomial interest rate tree for ABC Company with a maturity of up to four years is shown below:

If i2,LL is 4.6951%, what is the value of i2,HL?

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4.0% < i2,HL 5.0%

5.0% < i2,HL 6.0%

6.0% < i2,HL 7.0%

7.0% < i2,HL 8.0%

8.0% < i2,HL

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