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lifford Clark is a recent retiree who is interested in investing some of his savings in corporate bonds. His financial planner has suggested the following

lifford Clark is a recent retiree who is interested in investing some of his savings in corporate bonds. His financial planner has suggested the following bonds: Bond A has a 12% annual coupon, matures in 12 years, and has a $1,000 face value. Bond B has a 9% annual coupon, matures in 12 years, and has a $1,000 face value. Bond C has a 6% annual coupon, matures in 12 years, and has a $1,000 face value.

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