CMS Corporation's balance sheet as of today is as follows: $10,000,000 Long-term debt (bonds, at par) Preferred stock Common stock ($10 par) Retained earnings Total debt and equity 2,000,000 10,000,000 4,000,000 $26,000,000 The bonds have an 4.6% coupon rate, payable semiannually, and a par value of $1,000. They mature exactly 10 years from today. The yield to maturity is 12%, so the bonds now sell below par. What is the current market value of the firm's debt? Select the correct answer. O a. $5,758,096 b. $5,755,473 C. $5,756,129 d. $5,756,785 e. $5,757,441