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A firm issues 2-year bonds with a coupon rate of 4.1%, paid semiannually. The credit spread for this firm's 2-year debt is 1.2%. New 2-year
A firm issues 2-year bonds with a coupon rate of 4.1%, paid semiannually. The credit spread for this firm's 2-year debt is 1.2%. New 2-year Treasury notes are being issued at par with a coupon rate of 4.6%. What should the price of the firm's outstanding 2-year bonds be if their face value is $1000? O A. $774.66 B. $968.33 C. $1,355.66 D. $4.80
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