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Given the following table of bonds: Face Term (yrs) Coupon Yield 9 8.000% 1.750% 6 11 Bond A 20,000.00 Bond B 20,000.00 Bond C 20,000.00

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Given the following table of bonds: Face Term (yrs) Coupon Yield 9 8.000% 1.750% 6 11 Bond A 20,000.00 Bond B 20,000.00 Bond C 20,000.00 Bond D 20,000.00 Bond E 20,000.00 Find the most expensive bond (by price). = 3.750% (365) = 3.000% (26) = 10.000% (1) = 5.250% (52) = 5.500% 1.000% 3.500% 5.500% 4 4 O a. Bond E. O b. Bond C Oc. Bond A. O d. Bond D. Bond B

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