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Consider the following two bonds P and Q: Bond P is a 2-year zero coupon bond. Bond Q is a 2-year coupon bond with coupon
Consider the following two bonds P and Q: Bond P is a 2-year zero coupon bond. Bond Q is a 2-year coupon bond with coupon rate of 4%. At a market discount rate of 10%, calculate the price difference between Bond Q and Bond P: [Assume par value of $1,000. You don't need a financial calculator.) 0 65.4 O 52.7 O 58.1 O 69.4 O 54.7
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