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Bond Coupon rate A 5.5% B 5.5% C 6% The face values of the three bonds are all 100. If 5.5% < YTM A <

Bond

Coupon rate

A

5.5%

B

5.5%

C

6%

The face values of the three bonds are all 100. If 5.5% < YTMA < YTMB < YTMC < 6%, which bond has the highest price?

Bond B

Bond A

Bond C

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