Bond valuation Q1. (8 points) Your firm has a credit rating of A. You notice that the credit spread for five-year maturity A debt is 85 basis points (0.85%). Your firm's five year debt has a coupon rate of 4%. You see that new five- year Treasury notes are being issued at par with a coupon rate of 3%. What should the price of your outstanding five-year bonds be per $100 of par value. (You are dealing with semi-annual coupon payment bonds)