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Henderson's credit rating is BBB , and its outstanding 8 % coupon bond have 7 years remaining until maturity. What is a fair price for
Henderson's credit rating is BBB and its outstanding coupon bond have years remaining until maturity. What is a fair price for these bonds if the credit spread for BBB bonds over Treasuries is and the yield on comparable Treasuries is Use a par value of $ and assume semiannual coupon payments. Enter your answer as a positive number rounded to the nearest penny.
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