Question: The same firm issues two different bonds. The bonds are identical in every respect except for their coupon rate. Bond A has a coupon rate

The same firm issues two different bonds. The bonds are identical in every respect except for their coupon rate. Bond A has a coupon rate of 4.25% and Bond B has a coupon rate of 4.75%. which bond has a higher price?

Answer options:

Bond A

Bond B

Both have the same value

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