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A firm issues ten-year bonds with a coupon rate of 6.3%, 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 6.3%, 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. $117.00 B. $140.41 C. $93.60 D. $163.81

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