The company has determining whether to support a $100000 of current asset with the bank note or short-term bond. The bank offers to have the 2 years note to receive a $100000 and repay $119000 at the end of year 2. Alternatively, the company can sell 8.5% coupon bond for 2 years of return in $1000 par value of the price $937. Which debt instrument is the last expensive and how many % lower than the more expensive one?