Question: he following bonds ( Par Value = $ 1 , 0 0 0 ) are available for purchase right now: Name Maturity Coupon Bonnie 1

he following bonds (Par Value = $1,000) are available for purchase right now:
Name Maturity Coupon
Bonnie 15 years 9%
Bob 15 years 7%
Betty 10 years 9%
Billy 10 years 7%
8. If all the above bonds have a YTM of 8%, which bond would you expect to be priced the lowest?

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