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A firm issues 5 -year bonds with a coupon rate of 4.7%, paid semiannually. The credit spread for this firm's 5-year debt is 1.5%. New

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A firm issues 5 -year bonds with a coupon rate of 4.7%, paid semiannually. The credit spread for this firm's 5-year debt is 1.5%. New 5 -year Treasury notes are being issued at par with a coupon rate of 5.1%. What should the price of the firm's outstanding 5-year bonds be if their face value is $1,000 ? $938.25 $920.19 $935.71 $1049.53 $923.17

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