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Bond A pays a semi-annual coupon of $40. Bond B pays a semi-annual coupon of $50. Both bonds sell at par. Which bond has the
Bond A pays a semi-annual coupon of $40. Bond B pays a semi-annual coupon of $50. Both bonds sell at par. Which bond has the lower yield?
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes, Melissa Hart
7th Edition
1265521972, 978-1265521974
