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What is the spot rate curve value of bond

Assignment:

A bond with par value of USD 100 and 3 years to maturity pays 7% annual coupons. The spot rate curve is as follows:

Term	Annual Spot Interest Rates
1	6%
2	7%
3	8%

The value of the bond is closest to:

a. USD 95.25

b. USD 97.66

c. USD 99.25

d. USD 101.52

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Finance Basics: What is the spot rate curve value of bond

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Finance Basics: What is the spot rate curve value of bond

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