Using the following binomial model of one-year interest rate, price a 2-year, 9% annual-coupon bond with a par value of $689. Assume annual compounding. All rates are expressed on a bond equivalent basis. Round your answer to 2 decimal places. Time 0 Time 1 11.H 8% io = 2% 11,1 = 4% Using the following binomial model of one-year interest rate, price a 2-year, 9% annual-coupon bond with a par value of $689. Assume annual compounding. All rates are expressed on a bond equivalent basis. Round your answer to 2 decimal places. Time 0 Time 1 11.H 8% io = 2% 11,1 = 4%