Afirm issues five-year bonds with a coupon rate of 6.3%, paid semiannually. The credit spread...
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Afirm issues five-year bonds with a coupon rate of 6.3%, paid semiannually. The credit spread for this firm's five-year debt is 0.8%. New five-year Treasury notes are being issued at par with a coupon rate of 3.3%. What should the price of the firm's outstanding five-year bonds be per $100 of face value? O A $109.86 B. $153.80 OC. $87.88 OD $131.83 Click to select your answer. ? Pro DII F8 DD F9 7 F10 F11 F12 8 9 0 o K
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