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Assume each of the following bonds have 10-year maturities, and the coupons are paid an- nually. Which of the following bonds offers the highest yield

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Assume each of the following bonds have 10-year maturities, and the coupons are paid an- nually. Which of the following bonds offers the highest yield to maturity? Which offers the lowest? Which offers the highest and lowest duration? (A) Bond A with a coupon of 2% selling for a discount of 81.62% (B) Bond B with a coupon of 4% selling for a discount of 98.39% (C) Bond C with a coupon of 8% selling for a premium of 133.42%

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