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If the following bonds are identical except for coupon & price, what is the coupon of bond B? Bond A Bond B Face value $1,000
If the following bonds are identical except for coupon & price, what is the coupon of bond B?
Bond A Bond B
Face value $1,000 $1,000
Semiannual Coupon $55 ?
Years to maturity 20 20
Price $1,100.00 $940
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