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pay semi-annual coupons at a rate of 10.7% and have five years to maturity. a. What is the price (expressed as a percentage of the

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pay semi-annual coupons at a rate of 10.7% and have five years to maturity. a. What is the price (expressed as a percentage of the face value) of the Treasury bond? b. What is the price (expressed as a percentage of the face value) of the BBB-rated corporate bond? c. What is the credit spread on the BBB bonds? pay semi-annual coupons at a rate of 10.7% and have five years to maturity. a. What is the price (expressed as a percentage of the face value) of the Treasury bond? b. What is the price (expressed as a percentage of the face value) of the BBB-rated corporate bond? c. What is the credit spread on the BBB bonds

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