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Q 3 . Other things being equal, which of the bonds should have higher price? Explain the reason for your answers. 1 ) . Ordinary

3 .

Other things being equal, which of the bonds should have higher price? Explain the reason for your answers.

1) .

Ordinary bond versus Callable Bond

2) .

Senior Bond versus Subordinated Bond

3) 10 %

coupon bond versus

5 %

coupon bond

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