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A fitm issiess flveyear bonds with a coupon rate of 6.4%, paid semiannually. The credit spread for this frmis flue-year debt is 0.8%. New flve-year

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A fitm issiess flveyear bonds with a coupon rate of 6.4%, paid semiannually. The credit spread for this frmis flue-year debt is 0.8%. New flve-year Treasury noles are being iasued at per with a coupon rato of 3.8%. What should the price of the firmis outstanding five-year bonds be per $100 of face value? A. $107.95 B. 5128.55 c. $85.37 D. 5151.14

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