Use the spot rates table given in the earlier question to calculate the theoretical prices for a STRIP $($i$.$e$.,$ zero$-$coupon bond$)$ for the maturity of $3$ years. $[$Hint: we are only selling the face value; i$.$e$.,$ the $$100$ as a STRIP.$)$

$\begin{array}{cc}\text{Y}\text{e}\text{a}\text{r}toM& \text{S}\text{p}\text{o}\text{t}\text{R}\text{a}\text{t}\text{e}\text{s}(\%)\\ 0\mathrm{.}5& 1\mathrm{.}49\\ 1& 1\mathrm{.}72\\ 1\mathrm{.}5& 1\mathrm{.}77\\ 2& 1\mathrm{.}82\\ 2\mathrm{.}5& 1\mathrm{.}97\\ 3& 2\mathrm{.}12\\ 3\mathrm{.}5& 2\mathrm{.}41\\ 4& 2\mathrm{.}85\end{array}$