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Consider 3 bonds with the same face value ($1000) and maturity (3 years). All three bonds offer an annual coupon, but they have different coupon

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Consider 3 bonds with the same face value ($1000) and maturity (3 years). All three bonds offer an annual coupon, but they have different coupon rates; ca=6%,cb=8% and cc=10%. Interest rates are 8% for every maturity. 1. Price the three bonds. 2. Estimate the yield to maturity of the three bonds (Use excel, a financial calculator or..)* -If you use Excel, use the function RATE where Nper is the number of periods, Pmt is the annual coupon, Pv is the negative of the price and FV is the face value

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