Consider the following three bonds for settlement on 12/31/07. Bond A: coupon rate 3%, maturing on 6/30/08, trading at 100:16, and face value 100,000. Bond B: coupon rate 4%, maturing on 12/31/08, trading at 100, and face value 100,000. Bond C: coupon rate 5%, maturing on 12/31/08, trading at 101:8, and face value 100,000. You construct a portfolio of Bond A and Bond B to replicate the cash flow of Bond C. The replicating portfolio price is A lower; fewer than 1 B. lower, more than 1 higher; fewer than 1 than the price of Bond C. In the replicating portfolio, you need to hold unit of Bond B. OD higher, more than 1 A Moving to another question will save this response