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12.99% is incorrect An investor must choose between two bonds: Bond ( A ) pays ( $ 70 ) annual interest and has a market
12.99% is incorrect An investor must choose between two bonds: Bond \( A \) pays \( \$ 70 \) annual interest and has a market value of \( \$ 845 \). It has 12 years to maturity. Bond \( B \) pays \( \$ 80 \) annual inter 2 answers
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