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Consider the following bonds: Bond A: a ten-year bond with 5% annual coupons and a face value of 1000 Bond B: a five-year bond with

Consider the following bonds: Bond A: a ten-year bond with 5% annual coupons and a face value of 1000 Bond B: a five-year bond with 10% annual coupons and a face value of 700 Bond C: a ten-year bond with 12% annual coupons and a face value of 600 Assuming an effective annual interest rate of 10%, rank the following: I. Price of bond A II. Price of bond B III. Price of bond C Consider the following bonds: Bond A: a ten-year bond with 5% annual coupons and a face value of 1000 Bond B: a five-year bond with 10% annual coupons and a face value of 700 Bond C: a ten-year bond with 12% annual coupons and a face value of 600 Assuming an effective annual interest rate of 10%, rank the following: I. Price of bond A II. Price of bond B III. Price of bond C

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