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You are eyeing an investment in Treasury Notes for a full lot (i.e. PAR=$100,000), and find a note with a maturity of 7 years. This

You are eyeing an investment in Treasury Notes for a full lot (i.e. PAR=$100,000), and find a note with a maturity of 7 years. This particular Treasury has a YTM of 3.01%, and a stated rate of interest of 2.62% with a maturity of 7 years. The market price of this treasury is closest to?

a. $89,412.51

b. $113,980.87

c. $97,554.91

d. $97,571.11

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