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2. Consider the two bonds described below: # of years to maturity Coupon rate (%) (paid semiannually) Par value Bond A 10 Bond B
2. Consider the two bonds described below: # of years to maturity Coupon rate (%) (paid semiannually) Par value Bond A 10 Bond B 15 4 6 $1,000 $1,000 If both bonds had a required return of 5%, what would the bonds' prices be? (Show your work.)
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