Question: You are considering three different bonds for your portfolio. Each bond has a 1 0 - year maturity and a yield to maturity of 1

You are considering three different bonds for your portfolio. Each bond has a 10-year maturity and a yield to maturity of 10%. Bond X has an8% annual coupon, Bond Y has 10% annual coupon, and bond Z has a 12% annual coupon. Which of the following statements is CORRECT?

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