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Matt Barnes has a choice of two 5-year bonds and is seeking the highest return. Given the following information about each bond, which one should
Matt Barnes has a choice of two 5-year bonds and is seeking the highest return. Given the following information about each bond, which one should he choose?
Bond A's coupon is 7.40% and is priced at 98.90 per 100
Bond B's coupon is 7.05% and is priced at 97.17 per 100
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