Suppose that you are reviewing a price sheet for bonds and see the following prices (per $100
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Suppose that you are reviewing a price sheet for bonds and see the following prices (per $100 par value) reported. You observe what seem to be several errors. Without calculating the price of each bond, indicate which bonds seem to be re- ported incorrectly, and explain why. Bond Price Coupon Rate (%) Required Yield (%) U 90 6 9 V 96 9 8 W 110 8 6 X 105 0. 5 Y 107 Z 100 6 AppendixLO1
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