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Period Years YTM/Coupon Rate Spot Rate(%). 1 U 5.50 N 2 1.0 6.00 3 1.5 8.50 ? All the rate provided above are annual rates.

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Period Years YTM/Coupon Rate Spot Rate(%). 1 U 5.50 N 2 1.0 6.00 3 1.5 8.50 ? All the rate provided above are annual rates. What the annual spot rate in period 3? O 8.52 O 8.40 O 8.56 O 8.62

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