A firm issues ten-year bonds with a coupon rate of 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 4%. What should the price of the firm's outstanding ten-year bonds be per $100 of face value? A. $16424 B. 511731 C. $93.85 D. $14077 A bank offers a home buyer a 20-year loan at 8% per year. If the home buyer borrows $90,000 from the bank, how much must be repaid every year? A. $14,66672 B. $12.833.38 C. $9.16670 D. $11,000.04