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Assuming the following two bonds have similar risks, which of the following bonds will you chose to invest in: Bond X: 6 year time to

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Assuming the following two bonds have similar risks, which of the following bonds will you chose to invest in: Bond X: 6 year time to maturity, zero coupon paying bond trading at $675. Bond Y: 12 year time to maturity, 5% coupon rate (annual coupon paying) bond trading at $825. Show your work and explain the reason

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