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Use the following relevant spot rates to price a 5% European coupon bond for BEnergy plc and 5% US bond MISO Inc. Assume all numbers

Use the following relevant spot rates to price a 5% European coupon bond for BEnergy plc and 5% US bond MISO Inc. Assume all numbers in $. Both bonds have a life of 3 yrs, and the face value is $1000.

t (in years)

Spot interest rate -r (%)

0,5

2,235

1

2,45

1,5

2,56

2

2,87

2,5

2,93

3

3,03

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