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Question 7 2 pt Price a 3-year, 5% annual coupon, $1000 par bond using the following calibrated model for one- year interest rate. All rates

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Question 7 2 pt Price a 3-year, 5% annual coupon, $1000 par bond using the following calibrated model for one- year interest rate. All rates are expressed on a bond equivalent basis. Assume annual compounding. Round your answer to 2 decimal places. t = 0 t = 1 t=2 r_2,HH = 0.03 r_1, H = 0.024 r_0 = 0.014 r_2.HL -0.024 r_1.L = 0.015 r_2.LL - 0.015

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