Question 3. (16 pts) In the following table, the rst column is the maturity of bonds (in years). The second column is the yield on Treasury STRIPS of the face value $100 of each maturity. The third column is the price of zero-coupon bonds of the face value $100 issued by a municipal government TBN. Assume that the Treasury bonds have zero default probability. Also assume that the only cause of the difference in the price between the Treasury STRIPS and TBN bonds of the same maturity is the default probability of TBN. yield on Treasury price of 0-coupon implied default STRIPS of the bonds TBN (face probability of face value (%) (value = $100) TBN (%) maturity (yearS) (1) (11 pts) Fill in the last two columns of the table, where the implied default proba- bility is over the entire duration of the specied maturity. (Keep the accuracy to the third digit after the decimal point). For the row with maturity = 10 years, demonstrate how you obtain the numbers in the last two columns. (2) (5 pts) Plot the yield curves of the Treasury STRIPS and TBN bonds in the same graph. Clearly label the axes and curves