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(c) John is now convinced that he should put some of his savings into bonds. You have identified the following 5-year bonds which have similar
(c) John is now convinced that he should put some of his savings into bonds. You have identified the following 5-year bonds which have similar risk characteristics:- Bond X Y Z Price 98 95 94 Coupon 4% 3.5% 3% Coupon frequency Semi-annually Annually Monthly Which of these bonds should you recommend John to invest assuming it meets his particular requirements and circumstances? (10 marks)
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