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I am looking at three bonds, each of which will mature in 8years. Bond 1 has a coupon rate of 10%; Bond 2 has a
I am looking at three bonds, each of which will mature in 8years. Bond 1 has a coupon rate
of 10%; Bond 2 has a coupon rate of 12%; and Bond C has a couponrate of 14%. All three
bonds have the same yield to maturity of 12%. Rank the bonds byprice, from lowest to highest.
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