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Question 13.07 Two 20-year bonds have the same purchase price. Both bonds have a par value of 1,000 , and each has an annual coupon

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Question 13.07 Two 20-year bonds have the same purchase price. Both bonds have a par value of 1,000 , and each has an annual coupon rate of 6% paid semiannually. The first bond has an annual nominal yield rate of 6% compounded semiannually, and its redemption value is 1,100 . The second bond has an annual nominal yield rate of / compounded semiannually, and its redemption value is 912 . Calculate i. A 2.7% B 4.9% C 5.5% D 6.0% E 6.6%

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