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Mr. Bean wants to buy a bond for $100,000. There are two bonds offered, namely PT Tectonic bonds and PT Vulkanik bonds each with a

Mr. Bean wants to buy a bond for $100,000. There are two bonds offered, namely PT Tectonic bonds and PT Vulkanik bonds each with a par value of Rp100,000,000, the same risk and the same maturity, which is 4 years. PT Tectonic bonds pay coupon j2 = 12% and is offered at a price of 91.214 while PT Vulkanik's bonds pay coupons j2 = 15% and is offered at a price of 111,040. Which bonds are more attractive? If PT . bonds Tectonic is offered at a price of 96.956, what is the offering price of PT Vulkanik's bonds? make both bonds equally attractive?

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