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36. Bond A is a zero-coupon bond. Bond B pays a coupon of $20 per year. If yields are currently 4%, which bona will have

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36. Bond A is a zero-coupon bond. Bond B pays a coupon of $20 per year. If yields are currently 4%, which bona will have the higher price? 37. Bond A is a corporate bond and Bond B is a municipal bond. All else equal, if you pay a very high tax rate, which bond is more likely to give you the lower after-tax yield? B 38. Bond A pays coupons annually and has a coupon rate of 9%. Bond B pays $40 coupons semi-annually. All else equal, which one will have a lower price

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