Unless otherwise noted, assume the following: - The face value of all bonds, M, is $100 - Each period is a year - Coupon payments, c, are made annually - Consider only clean bond pricing

Suppose the 1-year, 2-year and 3-year zero-coupon bonds are trading at $97, $98 and $99, respectively. If the no-arbitrage condition holds, what is the market price of a 3-year coupon bond with $5 coupon payment?