Your firm has a credit rating of A$.$ You notice that the credit spread for five$-$year maturity A debt is $89$ basis points $(0\mathrm{.}89\%.$ Your firm's five$-$year has semi$-$annual

coupons and a coupon rate of $8\%.$ You see that new five$-$year Government of Canada bonds are being issued with a YTM of $2\%.$ What should the price of your

outstanding five$-$year bonds be$?$ Assume a par value of $$100.$

The price of your outstanding five$-$year bonds should be $$.$

$($Round to the nearest cent.$)$