The true price of 5 different defaultable coupon paying bonds with non-zero recovery are specified in worksheet Calibration in the workbook Assignment5_cds.xlsx. The interest rate is r = 5% per annum. Calibrate the six month hazard rates A6 to A16 to by minimizing the Sum Error ensuring that the term structure of hazard rates are non-decreasing. You can model the non-decreasing hazard rates by adding constraints of the form A5 5A7, . . . ,A155A16. Report the hazard rate at time 0 as a percentage. Submission Guideline: Give your answer in percent rounded to two decimal places. For example, if you compute the answer to be 73.2367%, submit 73.24