Bobo Corp. issues a $100,000 bond, with a 3 year term, and a coupon rate of 5% (interest paid semi-annually), at a time when the market rate was 4%. This resulted in a price of $102,800.72. Given that the price of a bond is the present value of future cash flows, what would the price be if, after 1 year, the market rate increased to 6%