Please, answer the below question with showing the entire steps very clearly.

Interest Rate Floor: A money manager has purchased a floating rate bond offering LIBOR+3%. The money manager fears a fall in interest rates and thereby buys a floor of 5% at a premium of 3% over a 3-year time horizon. Complete the table below End of year Floor Premium LIBOR at The floating | Net received * year-end rate bond pays. By money manager 4% 2% 1% Year Show the details of components of net received by money manager end Interest Rate Floor: A money manager has purchased a floating rate bond offering LIBOR+3%. The money manager fears a fall in interest rates and thereby buys a floor of 5% at a premium of 3% over a 3-year time horizon. Complete the table below End of year Floor Premium LIBOR at The floating | Net received * year-end rate bond pays. By money manager 4% 2% 1% Year Show the details of components of net received by money manager end