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Your firm has a credit rating of A. You notice that the credit spread for five-year maturity A debt is 80 basis points (0.80%). Your

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Your firm has a credit rating of A. You notice that the credit spread for five-year maturity A debt is 80 basis points (0.80%). Your firm's five-y that new five-year Treasunnal coupon rate of 6.4%. par with an annual coupon rate of 2.1% notes are being issued at price of your outstanding five-year 2.1%. What should be the -year bonds? Assume $1,000 face Assuming a $1,000 face value, the price of the bond is $ (Round to the nearest cent.)

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