The following table shows a benchmark par curve; the benchmark bonds pay coupons annually: Based on the above par curve, what is the 3year spot rate? Select one: a. 6.08% b. 5.15% The following table shows a benchmark par curve; the benchmark bonds pay coupons annually: Based on the above par curve, what is the 3year spot rate? Select one: a. 6.08% b. 5.15%