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We have a default-free, 3-year 6.08% annual coupon bond callable at par 1 year and 2 years from now. Suppose interest volatility is 10% so

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We have a default-free, 3-year 6.08% annual coupon bond callable at par 1 year and 2 years from now. Suppose interest volatility is 10% so that we can calibrate the following binomial interest rate tree. What is the price of the callable bond? Round your answer to 2 decimal places. For example, if your answer is 25.689, please write down 25.69

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