Your supervisor at your job directs you to calculate the price the bank should bid today for a single mortgage coupon to be paid in exactly three months. This coupon is taken from a newly-originated interest-only mortgage which has an initial balance of $600.000.00, an announced annual coupon rate of C = 5.00% and is amortized over twenty-five years. If you observe that one-month Canadian are currently selling for $99.50 per one hundred dollars face value and three-month T-bills for $97.62 per one hundred dollars face value, you can correctly infer that:

The market price of this coupon today is 2929.99

the market value of a current dollar in terms of riskless dollars recievable in three months is 1.0056

the market price of this coupon today is approximately 2415.46

the gross form of the current 3 month interest rate is 1.0091

None of the above