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A firm issues ten-year bonds with a coupon rate of 6%, paid somiannually. The ereda sppead for this firmis ten-year debe is 0.8%. New ten-year

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A firm issues ten-year bonds with a coupon rate of 6%, paid somiannually. The ereda sppead for this firmis ten-year debe is 0.8%. New ten-year Treasury notes are being issued at par with 8 coupon rate of 3.4%. What should the price of the firm's outstanding ten-year bonds be per $100 of face value? A. 591.66 B. $114.58 C. $137.49 D. $160.41

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