A TIPS bond with a $1,000 par value was issued three years ago with a coupon rate of 8%. In the first year inflation was 4.5%, in the second year 5% and in the third year 5.5%. The coupon payment at the end of the third year would be ______.
a)$80.00
b) $92.72
c) $92.52
d) $92.61