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A firm issues five - year bonds with a coupon rate of 6 . 3 % , paid semiannually. The credit spread for this firm's

A firm issues five-year bonds with a coupon rate of 6.3%, paid semiannually. The credit spread for this firm's five-year debt is 0.8%. New five-year Treasury notes are being issued at par with a coupon rate of 4%. What should the price of the firm's outstanding five-year bonds be per $100 of face value?
A. $127.92
B. $106.60
C. $85.28
D. $149.24
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