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Previous Problem Problem List Next Problem (1 pointy Two bonds, each with a face value of $16000, are redeemable at par in t.years and priced to yield ya = 6%. Bond 1 has a coupon rate og = 114% and sells for $22485.29. Bond 2 has coupon rate 12 = 3.9% and sells for $P. What is the value of P? Answer: $ 13527.01 Preview My Answers Submit Answers You have attempted this problem 1 time. Your overall recorded score is 0%