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Bond A has the following terms (assume annual coupons) coupon rate 10% principal $1000 term to maturity 8 years Bond B has the following terms
Bond A has the following terms (assume annual coupons) coupon rate 10% principal $1000 term to maturity 8 years Bond B has the following terms coupon rate 5% principal $1000 term to maturity 8 years What is the price of bond A if interest rates are 10%?
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