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Re-calculate the prices of the bonds if the required return falls to 9%. Could you explain why the price increases or decreases given this change

Re-calculate the prices of the bonds if the required return falls to 9%. Could you explain why the price increases or decreases given this change in required return?

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3.1.1. Suppose there are two bonds you are considering: Bond A Bond B. 30Y 20Y Maturity (years) Annual Coupon rate (%) Par Value 12% 8% 1000 1000

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