The current term structure is as follows: The six month spot rate is 6%. The one year spot rates is 6.30%. The one-and-one-half spot rate is 6.5%. The two-year spot rate is 8.8%. Note every rate is semiannual APR, and bonds pay semi-annual coupons. Use the information to price a 2-year 10% coupon. Express your bond price as a percentage of the par value.

A. 105.952

B. 105.864

C. 105.891

D. 105.802

E. 100.00

Need explaination, thank you!