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Given the information in the spreadsheet, which bond is the better purchase for investors? Why do you feel it is the better purchase? Explain your
Given the information in the spreadsheet, which bond is the better purchase for investors? Why do you feel it is the better purchase? Explain your answer.
1 Bond \#1: 10 Year Maturity 2 Bond $1 is a 10 year, 4.5% semiannual coupon bond. It has a par/face value of $5,000 and m may be called in 6 years at a call price of $7,500. 3 The bond sells for $5,250. Complete the information in the table below. 17 18 Bond \#2: 30 Year Maturity 19 Bond #2 is a 30 year, 6.25% semiannual coupon bond. It has a par/face value of $3,000 and may be called in 10 years at a call price of $7,500. 20 The bond sells for $3,000. Complete the information in the table belowStep by Step Solution
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