Henry is planning to purchase a Treasury bond with a coupon rate of 2.12% and face value of $100. The maturity date of the bond is 15 May 2033.

(c) If Henry purchased this bond on 5 May 2018, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.62% p.a. compounded half-yearly. Henry needs to pay 26.1% on coupon payment and capital gain as tax payment. Assume that all tax payments are paid immediately.

a. 72.0662

b. 72.9893

c. 61.8782

d. 83.7031