A fixed income analyst at Deutsche Bank observes a 1 year, 5 percent semi annual coupon bond with a price of 103.77. If the 6 month rate is 1 percent, the 1 year zero coupon rate is closest to? (1 point) Select one: o a. 5.5% O b. 3.5% C2.5% d. 1.5% e. 1.296