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If the following bonds are identical except for coupon, what is the price of bond B? Bond A Face value $1,000 Semi-annual Coupon $38 Years
If the following bonds are identical except for coupon, what is the price of bond B?
Bond A Face value $1,000 Semi-annual Coupon $38 Years to maturity 20 Price $1,098.96 Bond B Face value $1,000 Semi-annual Coupon $35 Years to maturity 20 price ?
- $901.04
- $960.44
- $925.31
- $1,033.35
- $1,079.63
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