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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 3
An investor has two bonds in his portfolio that have a face value of $ and pay a annual coupon. Bond matures in years, while Bond matures in year.
a 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 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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