Your firm has a credit rating of A$.$ You notice that the credit spread for

five$-$year maturity A debt is $85$ basis points $(0\mathrm{.}85\%).$ Your firm's five$-$year

has semi$-$annual coupons and a coupon rate of $4\%.$ You see that new

five$-$year Government of Canada bonds are being issued with a YTM of $3\%.$

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.$)$