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Bond S is a 6 percent coupon bond. Bond T is a 10 percent coupon bond. Both bonds have 15 years to maturity, make semiannual
Bond S is a 6 percent coupon bond. Bond T is a 10 percent coupon bond. Both bonds have 15 years to maturity, make semiannual payments, and have a yield-to-maturity of 8 percent. If interest rates sudd...
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