Henry is planning to purchase a Treasury bond with a coupon rate of 1.73% and face value of $100. The maturity date of the bond is 15 May 2033. (c) If Henry purchased this bond on 6 May 2018, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 1.64% p.a. compounded half-yearly. Henry needs to pay 26.3% on coupon payment and capital gain as tax payment. Assume that all tax payments are paid immediately.

Select one:

a. 102.0012

b. 94.6648

c. 75.1858

d. 93.8625