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Carol and Darrell purchase different bonds for the same price P . Carol purchases a zero - coupon bond with a redemption value of $
Carol and Darrell purchase different bonds for the same price Carol purchases a zero
coupon bond with a redemption value of $ a duration of years, and an effective annual
yield rate of Darrell purchases a year bond with a face value $ an effective annual
coupon rate of and a redemption value of $ that is priced to earn an effective annual
yield rate of Calculate
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