showing the calculation of the spots rate thanks!

Question 2 (15 marks) You are required to strip the yield curve to find the 1, 2 and 3 year spot rates. You are given the yield to maturity of the following bonds: 3% (1 year), 4% (2 years) and 5% (3 years). The $100,000 bonds pay an annual coupon of $4000. Perform a simple check calculation to ensure that your spot rates are correct. Question 2 (15 marks) You are required to strip the yield curve to find the 1, 2 and 3 year spot rates. You are given the yield to maturity of the following bonds: 3% (1 year), 4% (2 years) and 5% (3 years). The $100,000 bonds pay an annual coupon of $4000. Perform a simple check calculation to ensure that your spot rates are correct