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A firm has issued two bonds: Bond A has 4% coupon rate, payable annually. The bonds mature in 12 years, have a face value of

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A firm has issued two bonds: Bond A has 4% coupon rate, payable annually. The bonds mature in 12 years, have a face value of $1,000, and a yield to maturity of 5%. A firm has issued two bonds: Bond A has 4% coupon rate, payable annually. The bonds mature in 12 years, have a face value of $1,000, and a yield to maturity of 5%

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