Given: A floating rate bond with a maturity of three years 1-year reference rate annually, set an arrears, capped at 4.000% Binomial Interest Rate Tree used to value this bond (1-year forward rates with 50% probability each up or down): Find: The value of the Bond in \% of par value to three decimal places (Important: Enter your answer WITHOUT the \% sign, for example if your answer is 98.765% of par, enter only 98.765 DON'T add a \% sign, DON'T enter .98765)