Suppose that 6-month, 12-month, 18-month, and 24-month zero rates are 3.8%, 4%, 4.3%, and 4.6% per annum with continuous compounding respectively. Estimate the cash price of a bond with a face value of 100 that will mature in 24 months and pays a coupon of 10% per annum semiannually.

-approx. $104.56

-approx. $110.17

-approx. $99.85

-approx. $112.37