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Your firm has a credit rating of BBB. You notice that the credit spread for five-year maturity A debt is 200 basis points (2.00%). Your

Your firm has a credit rating of BBB. You notice that the credit spread for five-year maturity A debt is 200 basis points (2.00%). Your firms five-year debt has a coupon rate of 6%. You see that new five-year Treasury notes are being issued at par with a coupon rate of 1.2%. What should the price of your outstanding five-year bonds be per $1000 of face value?

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