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An investor has two bonds in his portfolio that have a face value of $ 1 , 0 0 0 and pay a 1 2
An investor has two bonds in his portfolio that have a face value of $ and pay a annual coupon. Bond L matures in years, while Bond S matures in year.
What will the value of the Bond L be if the going interest rate is and Assume that only one more interest payment is to be made on Bond S at its maturity and that more payments are to be made on Bond L Round your answers to the nearest cent.
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