You are given the following information about a Black-Derman-Toy binomial tree modeling the movements of effective annual interest rates: i) The length of each period is one year. ii) In the first year, ro = 9%. iii) In second year, ru = iv) In third year, ruu = 17.2% and rdd = 12.6% and ra 9.3%. %3D 10.6%. Calculate the price of a 3-year interest-rate cap for notional amount 10,000 and cap rate 11.5%. You are given the following information about a Black-Derman-Toy binomial tree modeling the movements of effective annual interest rates: i) The length of each period is one year. ii) In the first year, ro = 9%. iii) In second year, ru = iv) In third year, ruu = 17.2% and rdd = 12.6% and ra 9.3%. %3D 10.6%. Calculate the price of a 3-year interest-rate cap for notional amount 10,000 and cap rate 11.5%