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A firm issues ten-year bonds with a coupon rate of 6.2%, paid semiannually. The credit spread for this firm's ten-year debt is 0.8%. New ten-year

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A firm issues ten-year bonds with a coupon rate of 6.2%, 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 3.9%. What should the price of the firm's outstanding ten-year bonds be per $100 of face value? A. $89.49 B. $134.23 C. $111.86 D. $156.60

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