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$50.00 Question 23 (2 points) A 6.00% coupon bond with annual coupon payments and 10 years to maturity has a par value of $1,000 and

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$50.00 Question 23 (2 points) A 6.00% coupon bond with annual coupon payments and 10 years to maturity has a par value of $1,000 and market price of $900. New 10-year treasury notes with a coupon rate of 4.00% that are being issued at par. What is the credit spread for your bond expressed in basis points (bps)? 288 bps 345 bps 199 bps 400 bps

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