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Rank the following bonds from highest to lowest value. - 1. 2. 3. A bond that pays an annual coupon of $60 and has a
Rank the following bonds from highest to lowest value. - 1. 2. 3. A bond that pays an annual coupon of $60 and has a yield of 6%. - 1. 2. 3. A bond that has a yield of 3% and has a coupon rate of 2%. - 1. 2. 3. A bond that pays a coupon of $30 every six months and has a yield of 5%.
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