Herry is planning to purchase a Treasury bond with a coupon rate of 2.49% and face value of $100. The maturity date of the bond is 15 March 2033.

(c) If Henry purchased this bond on 5 March 2020, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 3.05% p.a. compounded half-yearly. Henry needs to pay 27.6% on coupon payment and capital gain as tax payment. Assume that all tax payments are paid immediately.

a. 83.5674

b. 95.1627

c. 84.6739

d. 68.9196