Suppose that a two-year bond with a principal of $100 provides coupons at the rate of 6% per annum semiannually.

Suppose that the zero-rates are

Maturity (years)	Zero Rate (%)
0.5	5.0
1.0	5.8
1.5	6.4
2.0	6.8

What is the current theoretical price of the bond?

****Please show steps in a financial calculator****

Answer options are:

$98.39

102.45

97.23

101.27

99.81