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Myra Breck must chose between two bonds, each with a face value of $1000: a) What is the coupon rate for each bond? b) What
Myra Breck must chose between two bonds, each with a face value of $1000: a) What is the coupon rate for each bond? b) What is the current yield on each bond? c) Which bond should be selected based on the answer to part B? d) What is a shortcoming of the current yield in choosing a bond? What would a better evaluation method be
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