An investor considers the purchase of a 2-year bond with a 5% coupon rate, with interest paid annually and par of 100. The observed forward rates in the market today are as follows: F0,1 = 3%, F1,2 = 4%, F2,3 = 5%. The clean price of the bond is closest to:An investor considers the purchase of a 2-year bond with a 5% coupon rate, with interest paid annually and par of 100. The observed forward rates in the market today are as follows: F0,1 = 3%, F1,2 = 4%, F2,3 = 5%. The clean price of the bond is closest to:

a. 101.93

b. 100.18

c. 99.81

d. 102.88

e. 105.81.