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Given the opportunity to invest in one of the three bonds listed below, which would you purchase? Assume an interest rate of 8%. Bond Face

Given the opportunity to invest in one of the three bonds listed below, which would you purchase? Assume an interest rate of 8%.

Bond Face Value Annual Coupon Rate Maturity Price
A $1,000.00 4% 1 Year $990
B $1,000.00 7.50% 17 Years $990
C $1,000.00 8.50% 25 Years $990

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