Consider a 2-year Treasury bond with a face value of $100 and that pays coupons at a rate of 6% semiannually. What is the bonds par yield given the following Treasury zero rates? Maturity (years) Zero rates 0.5 3.0% 1.0 3.3% 1.5 3.6% 2.0 3.9%

a) 3.89%
b)3.99%
c)4.19%
d)4.39%