Henry is planning to purchase a Treasury bond with a coupon rate of 2.65% and face value of $100. The maturity date of the bond is 15 March 2033. (a) If Henry purchased this bond on 4 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.02% p.a. compounded half-yearly.

a. 97.4082

b. 95.9592

c. 97.2830

d. 97.2815