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Consider the following bonds: What is the percentage change in the price of each bond if its yield to maturity falls from 6.9% to 5.9%

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Consider the following bonds: What is the percentage change in the price of each bond if its yield to maturity falls from 6.9% to 5.9% ? The price of bond A at 6.9% YTM per $100 face value is $ (Round to the nearest cent.) Your firm has a credit rating of A. You notice that the credit spread for five-year maturity A debt is 89 basis points (0.89%). Your firm's five-year debt has a coupon rate of 5.8% with semi-annual coupons. You see that new five-year Treasury notes are being issued at par with a coupon rate of 1.7%. What should be the price of your outstanding five-year bonds per $100 face value. The price of the bond is $ (Round to the nearest cent.)

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