Price of the? firm outstanding ten?-year bonds

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A firm issues ten?-year bonds with a coupon rate of 6.2?%, paid semiannually. The credit spread for this? firm's ten?-year debt is? 0.8%. New ten?-year Treasury notes are being issued at par with a coupon rate of 3.9?%. What should the price of the? firm's outstanding ten?-year bonds be per? $100 of face? value?

Reference no: EM132681659

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