If the following bonds are identical except for coupon & price, what is the coupon of bond

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If the following bonds are identical except for coupon & price, what is the coupon of bond B?

Bond A Bond B

Face value $1,000 $1,000

Semi-annual Coupon $55

Years to maturity 20 20

Price $1,100.00 $940

Related Book For answer-question

Investment Analysis and Portfolio Management

ISBN: 978-0538482387

10th Edition

Authors: Frank K. Reilly, Keith C. Brown

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Posted Date: Aug 06, 2018 12:49 AM

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If the following bonds are identical except for coupon & price, what is the coupon of bond

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The fact that the bonds are identical does not necessarily mean that they wil... View the full answer

Investment Analysis and Portfolio Management

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