A company issues a callable (at par) ten-year, 6% coupon bond with annual coupon payments. The bond can be called at par in one year after release or any time after that on a coupon payment date. On release, it has a yield to call of 4.8%. What is the price of this bond per $100 of face value when it is released?

a) $109.36

b) $95.42

c) $101.15

d) $104.80