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Bond J is a 4.4% coupon bond. Bond K is a 10.4% coupon bond. Both bonds have 15 years to maturity, make semiannual payments and

Bond J is a 4.4% coupon bond. Bond K is a 10.4% coupon bond. Both bonds have 15 years to maturity, make semiannual payments and have a YTM of 7.4%

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