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A firm issues ten - year bonds with a coupon rate of 6 . 7 % , paid semiannually. The credit spread for this firm's

A firm issues ten-year bonds with a coupon rate of 6.7%, paid semiannually. The credit spread for this firm's ten-year debt is 0.8%. New ten-year Treasury notes are being issued at par with a coupon rate of 3.4%. What should the price of the firm's outstanding ten-year bonds be per $100 of face value?
A. $120.24
B. $96.19
C. $168.34
D. $144.29
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