Assuming a $1,000 face value, the price of the bond is $ (Round to the nearest cent.)

Your firm has a credit rating of A. You notice that the credit spread for five-year maturity Adebt is 89 basis points (0.89%). Your firm's five-year debt has an annual coupon rate of 5.8%. You see that new five-year Treasury notes are being issued at par with an annual coupon rate of 24%. What should be the price ofyour outstanding five-year bonds? Assume $1 ,000 face value. Assuming a Sl ,000 face value, the price ofthe bond is (Roundto the nearest cent)