Your firm has a credit rating of A. You notice that the credit spread for a five-year maturity A debt is 83 basic points (0.83%). Your firm's five-year debt has an annual coupon rate of 6.1%. You see that new five-year Treasury notes are being issued at par with an annual coupon rate of 1.6%. What should be the price of your outstanding five-year bonds?

- THE PRICE OF THE BONDS IS __? (round to the nearest cent)