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Question 1 (7 Marks) Given the opportunity to invest in one of the three bonds listed below, which would you purchase? Assume an interest rate

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Question 1 (7 Marks) Given the opportunity to invest in one of the three bonds listed below, which would you purchase? Assume an interest rate of 7%. HINT: Calculate NPV of each of the bonds. Bond Face Value Annual Coupon Rate Maturity Price A $1,000 4% 1 year S990 B $1,000 7.5% 17 years $990 $1,000 8.5% 25 years $990 C

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