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A 10-year 8% coupon corporate bond pays interest semi-annually. If the price of the bond is 99.5, what is the credit spread (in basis points
A 10-year 8% coupon corporate bond pays interest semi-annually. If the price of the bond is 99.5, what is the credit spread (in basis points - BPS) if the 10-year 3% treasury bond has a price of $101? Select one: a. 500 BPS b. 100 BPS C. 150 BPS d. 300 BPS
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