Question: You are evaluating 2 bonds, both have $1000 par value and pay a coupon rate of 10%. Bond a pays annual interest rate while bond
You are evaluating 2 bonds, both have $1000 par value and pay a coupon rate of 10%. Bond a pays annual interest rate while bond B pays semi annual payments. if you require 10% return on either bond, should the 2 bonds sell at identical prices or different prices
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