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PLUG Company has two bonds outstanding: Bond L has a maturity of 30 years and Bonds S has a maturity of 2 years. Assume both

PLUG Company has two bonds outstanding: Bond L has a maturity of 30 years and Bonds S has a maturity of 2 years. Assume both bonds have a $1,000 par,and a 7.5% coupon, paid semiannually.

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a. What are the bonds prices a the below yields to maturity? Bonds S N. Bond L 3.00% 6.00% 9.00% b. Why does Bond L have a greater price variance across the different yields to maturity than Bond S

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