Given a current one-period spot rate of S0 = 5%, u = 1.1, d = 1/1.1, and q = .5, determine the values of three bonds stripped from the three-period, option-free 5% coupon bond in Question 5: a one-period zero-coupon bond paying F = 5 at maturity, a two-period zero-coupon bond paying F = 5 at maturity, and a three-period zero-coupon bond paying F = 105 at maturity. Does the sum of the values of the three strips equal the value you obtained for the three-period 5%

coupon bond in Question 5.b?