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one year and today's price is $311. In this case, Bond A has has a default risk than B. Bond A promises a payment of

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one year and today's price is $311. In this case, Bond A has has a default risk than B. Bond A promises a payment of $210 in one year and today's price is $188, while Bond B promises to pay $333 in yield than B and this might be because Bond A O higher; higher O higher; lower O lower; higher Olower; lower

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