Given the following information about interest rates, which of the following solutions is correct? Note that the coupon bond pays coupon twice per year.

		Coupon = $6; d = {98 (6 * 0.9700 + 6 * 0.9375)} / 100 = 0.8655; r = -1/1.5 * ln(0.8655) = 9.6260%
		Coupon = $6; d = {98 (6 * 0.9700 + 6 * 0.9375)} / 106 = 0.8166; r = -1/1.5 * ln(0.8166) = 13.5106%
		Coupon = $3; d = {98 (3 * 0.9700 + 3 * 0.9375)} / 100 = 0.9228; r = -1/1.5 * ln(0.9228) = 5.3580%
		Coupon = $3; d = {98 (3 * 0.9700 + 3 * 0.9375)} / 103 = 0.8959; r = -1/1.5 * ln(0.8959) = 7.3286%

Par (Face Value) Maturity, years Price Discount factor Interest rate,r Coupon, % per annum 0.5 0 100 100 97 93.75 6.0918% 6.4539% 1 0.9700 0.9375 d 0 100 1.5 6 98 r