Assume that you are a bond dealer. You buy a 3.5 year bond, with a coupon of 6% and a YTM of 8.55%. The par value is $100

The following spot curve is in effect.

Time in Years	Time in Periods	Theoretical Annual Spot Rate
0.5	1	7.00%
1	2	7.30%
1.5	3	7.561%
2	4	7.821%
2.5	5	8.085%
3	6	8.353%
3.5	7	8.626%

You want to sell the bond's third year cash flow to a third party. You are only selling one cash flow!! This is the cash flow that occurs at the end of two years.

What will you charge the for the third year cash flow? (Round to two digits)