Q14. (Bond Valuation): Triphammer Fall, Inc. is trying to issue a new 10-year semi-annual 8% coupon bond. The term-structure of the spot interest rates is such that one-year spot rate is 6% and it will grow monotonically by 10 bp for 2- through 5-year rates (meaning that the spot rate for two-year loan will be 6.1% and three-year loan is 6.2%), and after that it will stay at that level. What will be the market price of the bond?