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Maturity Price 97.29 93.41 $ 9400 96.65 Coupon 4.00% 3.50% 5.00% 6.50% The adjacent table contains the details of four bonds currently traded in

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Maturity Price 97.29 93.41 $ 9400 96.65 Coupon 4.00% 3.50% 5.00% 6.50% The adjacent table contains the details of four bonds currently traded in the market. Using this information calculate the no arbitrage price of a 3 year 8% annual coupon bond.

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