Afirm issues two-year bonds with a coupon rate of 6.3%, paid semiannually. the credit spread for this firm's two-year debt is 0.8%. new two-year treasury notes are being issued at par with a coupon rate of 4.0%. what should the price of the firm's outstanding two-year bonds be per $100 of face value?

a) $102.83
b) $143.96
c) $123.39
d) $82.26

Apopular low-cost airline, parson corp., has gone out of business. although the service and price provided by the airline was what customers wanted, the larger airlines were able to drive the low-cost airline out of business through an aggressive price war. which component of the competitive environment does this illustrate? a) threat of new entrants b)competitors c) economic factors d) customers d) regulators