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9. Suppose we have two bonds, both with a 6% coupon and the same yield to maturity of 3%, but with different maturities of
9. Suppose we have two bonds, both with a 6% coupon and the same yield to maturity of 3%, but with different maturities of 5 and 10 years. Which bond will have the higher price? Verify your answer by computing the prices.
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Fundamental Accounting Principles Volume II
Authors: Larson Kermit, Jensen Tilly
14th Canadian Edition
71051570, 0-07-105150-3, 978-0071051576, 978-0-07-10515, 978-1259066511
