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You are given the following continuously compounded zero coupon spot rates: T (years) Spot Rate 0.5 1.6% 1.0 2.2% 1.5 2.8% 2.0 3.2% Using these

You are given the following continuously compounded zero coupon spot rates:

T (years)	Spot Rate
0.5	1.6%
1.0	2.2%
1.5	2.8%
2.0	3.2%

Using these spot rates, what is the price of a 2.0-year bond with a coupon rate of 4% per year compounded semi-annually?

answer options:

102.24

101.53

101.08

102.47

103.47

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