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Consider a contract that pays out $1,103 in 6 months, $139 in 12 months, $72 in 18 months, $5 in 2 years. Price this contract,

Consider a contract that pays out $1,103 in 6 months, $139 in 12 months, $72 in 18 months, $5 in 2 years. Price this contract, assuming the following yield curve: time spot rate 6-month 1% 12-month 2% 18-month 2.5% 24-month 2.8% Assume semi-annual compounding. Round your answer to the nearest cent (2 decimal places)

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