Question: Consider two bonds, Bond A and Bond B, both with a coupon rate of 11.4 percent and a yield to maturity of 10 percent. These

Consider two bonds, Bond A and Bond B, both with a

Consider two bonds, Bond A and Bond B, both with a coupon rate of 11.4 percent and a yield to maturity of 10 percent. These are standard bonds with semi-annual coupon payments. Bond A matures in 5 years while Bond B matures in 9 years. What is the price of each bond? The price of Bond A is $ (Round to the nearest cent.) The price of Bond B is S(Round to the nearest cent.)

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