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Bond A pays annual coupons, Thank you Bond A pays annual coupons, pays its next coupon in 1 year matures in 10 years and has
Bond A pays annual coupons,
Bond A pays annual coupons, pays its next coupon in 1 year matures in 10 years and has a face value of 1,000 dollars Bond B pays semi-annual coupons pays its next coupon in 6 months, matures in 18 years, and has a face value of 1.000 dollars The two Ponds have the same yield to-maturity Bond A has a coupon rate of 9.7 percent and is paced at 1,078 74 dollars Bond B has a coupon rate of 5 52 percent What is the price of bond B Thank you
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