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BOND MARKETS & FINANCING a. Here are the prices of three bonds with 10-year maturities: Bond Coupon (%) 2 4 8 Price (%) 81.62 98.39

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BOND MARKETS & FINANCING a. Here are the prices of three bonds with 10-year maturities: Bond Coupon (%) 2 4 8 Price (%) 81.62 98.39 133.42 If coupons are paid annually, which bond offered the highest yield to maturity? Which bond offered the lowest yield to maturity

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