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Rodney desires to compare cash flows with bonds that give an adequate return on investment on a bond he wants to purchase. Rodney looks at

Rodney desires to compare cash flows with bonds that give an adequate return on investment on a bond he wants to purchase. Rodney looks at Bond A worth $2,000 with a 10% coupon rate each year, compounding annually at 6% for 10 years. Bond B has the same features as Bond A, but it compounds quarterly. Which bond gives the greater return?
a) Bond B quarterly return-1.98%
b)Bond B quarterly return-2.18%
c )Bond B quarterly return-2.04%
d)Bond B annualy return-2.05%

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