Question: Consider 3 bonds with the same face value ( $ 1 0 0 0 ) and maturity ( 3 ears ) . All three bonds

Consider 3 bonds with the same face value ($1000) and maturity (3 ears). All three bonds offer an annual coupon, but they have different coupon rates; ca =6%, cb =8% and cc =10%. Interest
rates are 8% for every maturity.
1. Price the three bonds.

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