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1. Consider two 15-year bonds with annual coupon payments. One bond has a 10% coupon rate; the other has an 8% coupon rate. If the
1. Consider two 15-year bonds with annual coupon payments. One bond has a 10% coupon rate; the other has an 8% coupon rate. If the yield to maturity of each bond is 8%, find the value of each...
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