Homework 6 K Question 2, P 6-28 (book/static) > HW Score: 20%, 1 of 5 points O Points: 0 of 1 The price of the bond is $Round to the nearest cent.) Save 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 6.0% with semi-annual coupons. You see that new five-year Treasury notes are being issued at par with a coupon rate of 2.0%. What should be the price of your outstanding five-year bonds per $100 face value.

The price of the berd is 1 Round to the rearsicent)