Question: 3. Two $1,000 face-value bonds, redeemable on the same date at par to yield 4.5% have annual coupon rate of r and 2r. If the

3. Two $1,000 face-value bonds, redeemable on the same date at

3. Two $1,000 face-value bonds, redeemable on the same date at par to yield 4.5% have annual coupon rate of r and 2r. If the total purchase price of the two bonds is $2,153.52 and the difference of the bond prices is $307.04, find r

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