Your firm has a credit rating of A. You notice that the credit spread for five-year maturity A debt is 81 basis points (0.81%). Your firm's five-year debt has an annual coupon rate of 5.9%. You see that new five-year Treasury notes are being issued at par with an annual coupon rate of 2.2%. What should be the price of your outstanding five-year bonds? The price of the bond is $ (Round to the nearest cent.) Suppose a ten-year, $1,000 bond with an 8.1% coupon rate and semiannual coupons is trading for $1,035.67. a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)? b. If the bond's yield to maturity changes to 9.1% APR, what will be the bond's price? a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)? The bond's yield to maturity is %. (Round to two decimal places.) b. If the bond's yield to maturity changes to 9.1% APR, what will be the bond's price? The new price for the bond is $ (Round to the nearest cent.) Your firm has a credit rating of A. You notice that the credit spread for five-year maturity A debt is 81 basis points (0.81%). Your firm's five-year debt has an annual coupon rate of 5.9%. You see that new five-year Treasury notes are being issued at par with an annual coupon rate of 2.2%. What should be the price of your outstanding five-year bonds? The price of the bond is $ (Round to the nearest cent.) Suppose a ten-year, $1,000 bond with an 8.1% coupon rate and semiannual coupons is trading for $1,035.67. a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)? b. If the bond's yield to maturity changes to 9.1% APR, what will be the bond's price? a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)? The bond's yield to maturity is %. (Round to two decimal places.) b. If the bond's yield to maturity changes to 9.1% APR, what will be the bond's price? The new price for the bond is $ (Round to the nearest cent.)