Problem 8 Intro There are three bonds that have a face value of $100 and pay annual coupons. Their times to maturity (in years) are: t1 = 1, tz = 2 and t3 = 3. The coupon values are: C1 = 4%, C2 = 6% and c3 = 7%. Their yields to maturity are: y1 = 7%, y2 = 8% and y3 = 9% Attempt 1/18 for 10 pts. Part 1 What is the spot rate for year one? B+ decimals Submit Show all parts