You are interested in buying a $2-$year bond which has a fixed coupon rate equal to $1\%,$ paid every six months. You find that the $6$ month, $1-$year, $1\mathrm{.}5-$year and $2-$year spot rates are equal to $1\mathrm{.}6\%,2\mathrm{.}7\%,2\mathrm{.}2\%$ and $2\mathrm{.}9\%,$ respectively. Which is the price of this bond?