14.

The US Treasury yield curve for the first 36 months has the following YTMs (each YTM is measured as an EAR):

• A 6-month YTM of 2.3%.
• A 12-month YTM of 2.5%.
• An 18-month YTM of 3.1%.
• A 24-month YTM of 3.2%.
• A 30-month YTM of 3.8%.
• A 3-year YTM of 140%.

All YTMs come from US Treasury, zero-coupon bonds.

Determine the current price for each of the corresponding zero coupon bonds.

Report the current price for the 30-month zero. Express your answer in dollars and cents.