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The following annual forward rates are available in the market today: F0,1 = 0.80%, F1,2 = 1.12%, F2,3 = 3.94%, F3,4 = 3.28% and F4,5

The following annual forward rates are available in the market today: F0,1 = 0.80%, F1,2 = 1.12%, F2,3 = 3.94%, F3,4 = 3.28% and F4,5 = 3.14%. The value per 100 of par value of a three-year, 9.5% coupon bond, with interest paid annually, is closest to: a. 122.10 b. 124.17 c. 105.82. d. 105.99 e. 125.91

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