Question: help pls #2 A firm issues five - year bonds with a coupon rate of 6.7%, paid semiannually. The credit spread for this firm's five
help pls #2

A firm issues five - year bonds with a coupon rate of 6.7%, 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 3.8%. What should the price of the firm's outstanding five-year bonds be per $100 of face value? A. $87.43 B. $131.14 C. $153 D. $109.29 A firm issues five - year bonds with a coupon rate of 6.7%, 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 3.8%. What should the price of the firm's outstanding five-year bonds be per $100 of face value? A. $87.43 B. $131.14 C. $153 D. $109.29
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