It is 2030 and the yields on corporate bonds are as follows:

Aaa	A	Ba
8.20%	10.20%	12.20%

Tau Corporation wishes to raise $50 million by an issue of 9% 10-year bonds. Assume a face value of $100 and annual coupons. What will be the likely issue price (as a percent of face value) if Tau is rated (a) Aaa, (b) A, or (c) Ba?

Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.