Question: please show all work and formulas used (this is from my class handout, we went over this in class) Your firm has a credit rating

please show all work and formulas used
please show all work and formulas used (this is from my class

(this is from my class handout, we went over this in class) Your firm has a credit rating of A. You notice that the credit spread of 10 -year maturity debt is 90 basis points (0.90%). Your firm's ten-year debt has a coupon rate of 5% (annually paid coupon). You see that new 10 -year. Treasury notes are being issued at par with a coupon rate of 3.41% (from the Treasury yield curve for Novembe) 2008. What should the price of your outstanding 10 -year bonds be

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