Narges is planning to purchase an Australian Treasury bond with a coupon rate (j2) of 2.87% p.a. and face value of $100. The maturity date of the bond is 15 May 2033. If Narges purchased this bond on 5 May 2018, what is her purchase price (rounded to four decimal places)? Assume a yield rate of 2.68% p.a. compounded half-yearly. Narges needs to pay 22.4% of coupon payments and capital gains in tax payments. Assume that all tax payments are paid immediately. a. $80.4656 b. $93.3719 c. $94.6812 d. $103.6708