A、3-yEAr option-FrEE BonD (pAr vAluE oF $1000) hAs An AnnuAl Coupon oF 9 pErCEnt.An invEstor DEtErminEs thAt thE spot rAtE oF yEAr 1 is 6 pErCEnt, thE yEAr 2 spot rAtE is 12 pErCEnt, AnD thE yEAr 3 spot rAtE is 13 pErCEnt. using thE ArBitrAgE-FrEE vAluAtion ApproACh, thE BonD priCE is ClosEst to :
A、

A、$968.

B．

B、$1000.

C．

C、$912.