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A firm issues five-year bonds with a coupon rate of 6.2%, paid semiannually. The credit spread for this firm's five-year debt is 0.8%. New five-year
A firm issues five-year bonds with a coupon rate of 6.2%, 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 3.2%. What should the price of the firm's outstanding five-year bonds be per $100 of face value? O A. $131.86 OB. $153.83 O C. $87.90 OD. $109.88
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