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James would like to get into the bond business, is considering several different available options, and he wants to get the best deal for himself.

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James would like to get into the bond business, is considering several different available options, and he wants to get the best deal for himself. He's found-some completely fictional bond dealers who are offering the following deals C. Albrightson is offering an 1 1 year bond (with a face value of $9,508.00) at a 6.0% discount with annual coupon payments at a 3.6% rate B. Chase has a $11,750.00 bond on sale for $10,999.99. He says it's a 20 year bond, but, he originally purchased it 5 years ago. He says it's been reliably paying annual 4.05% coupon payments. M. Leonard is offering an 8 year zero-coupon bond with a face value of $9,876.54 for $7.654.32 N. Brooks is selling a bond for $10,565.77. He tells us that it has a coupon rate of 4.44%, that there are still 7 years of coupon payments to be paid, and that each semi-annual coupon payment is $234.56. D. Lawrence is offering to sell a 20 year $5,555.55 bond at a 60% premium! He says not to worry, the bond makes coupon payments at rate of 8.95%. T, watkins has a 10-year bond for sale which makes monthly coupon payments at a coupon rate of 2.99%. The . . . lue of the bond is $8,888.88, and he's offering it for sale at a price of $7,777.77. ace va to sell a 12-year $15,000.00 bond for $8,910.11. He can't recall f there's a coupon payment. He does know that it either has a coupon payment of at least 4% or no coupon payment (096 cou also knows that the yield on the bond is below 5% pon rate. He P. Parker has a $9,555.55 bond available for sale. She isn't disclosing the terms, but, says the YTM at .Lastly, that price is 4.58%

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