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5) In the context of asset pricing, the finance literature implies that an investor will be indifferent between two bonds which shows equal yields to
5) In the context of asset pricing, the finance literature implies that an investor will be indifferent between two bonds which shows equal yields to maturity if they are of similar default risk. What are some of the factors which could make an investor decide between bonds having similar characteristics of risks? Justify your answer. (20 marks)
please provide through explanation. thank you
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