QS) Shown below is a binomial tree for a 6% coupon bond based on an interest rate volatility of 10%. The up moves and down moves have equal probability.

O 1 2 3 node uuu rate price 100.000000 coupon 6.000000 r23uu 0.096030 ? 6.000000 r12u uud 0.084810 ? 100.000000 6.000000 6.000000 ro r23ud 0.075000 0.078620 ? 6.000000 r12d udd 0.069440 ? 100.000000 6.000000 6.000000 r23dd 0.064370 ? 6.000000 ddd 100.000000 6.000000