11. (15 points) Assuming that the market is arbitrage-free, what should the price of a 2-year $3,000 5% par-value bond with semiannual coupons be if the yields for zero-coupon bonds are given as below? Term Yield 6 months 1.6% 12 months 2.2% 18 months 2.6% 24 months 2.8% 11. (15 points) Assuming that the market is arbitrage-free, what should the price of a 2-year $3,000 5% par-value bond with semiannual coupons be if the yields for zero-coupon bonds are given as below? Term Yield 6 months 1.6% 12 months 2.2% 18 months 2.6% 24 months 2.8%