Which of the following answer is the correct formula to calculate the price of a fixed rate bond (Expiring in 2 years, Yearly coupon rate 3%) given the following informations about the interest rates: interest rate swap 2 years: 3%, spread 1%

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Which of the following answer is the correct formula to calculate the price of a fixed rate bond (Expiring in 2 years, Yearly coupon rate 3%) given the following informations about the interest rates: interest rate swap 2 years: 3%, spread 1%.

a. 3/(1 + 2%) + 103 / ((1 + 4%)^2)

b. 3/((1+4%)^2)+100/((1 + 4%)^2)

c. 103 / (1 + 3% + 1%)^2

d. 3/(1 + 3%) + ( 3 + 100)/((1 + 4%)^2)