The price of a 6-month Treasury bill is 98.99.

The price of a one-year bond that provides a coupon of 6% per annum semiannually is 102.90.

The price of a 1.5 year bond that provides a coupon of 8% per annum semiannually is 106.18.

Which of the following is correct?

a.

The 6 month, 1 year and 1.5 year zero rates are 1.50%, 3.03% and 5.60%, respectively.

b.

The 6 month, 1 year and 1.5 year zero rates are 2.03%, 3.03% and 3.73%, respectively.

c.

The 6 month, 1 year and 1.5 year zero rates are 1.50%, 3.03% and 3.73%, respectively.