You're looking at two bonds identical in every way except for their coupons and, of course, their

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You're looking at two bonds identical in every way except for their coupons and, of course, their prices. Both have 12 years to maturity. The first bond has a 10 percent annual coupon rate and sells for $935.08. The second has a 12 percent annual coupon rate. What do you think it would sell for?

Posted Date: May 20, 2024 06:04 AM

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You're looking at two bonds identical in every way except for their coupons and, of course, their

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