A hospital has outstanding $100 million of bonds that mature in 20 year (40 periods). The debt was issued at par and pays interest at a rate of 6% (3% per period). Prevailing rates on comparable bonds are now 4% (2% per period). What would you expect to be the market price of the bonds, assuming that they are freely traded? Is there an economic benefit for the hospital to refund the existing debt by acquiring it at the market price and replacing it with new "low-cost" debt?