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Business, 28.05.2021 04:40 sabrinamarie391

A firm issues 5-year bonds with a coupon rate of 4.7%, paid semiannually. The credit spread for this firm's 5-year debt is 1.2%. New 5-year Treasury notes are being issued at par with a coupon rate of 5.1%. What should the price of the firm's outstanding 5-year bonds be if their face value is $1,000

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A firm issues 5-year bonds with a coupon rate of 4.7%, paid semiannually. The credit spread for this...
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