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Suppose that the company ZZZ issues today a bond that puts up for sale at its even value (100%) and with a rate Coupon rate
Suppose that the company ZZZ issues today a bond that puts up for sale at its even value (100%) and with a rate Coupon rate of 5%. coupon rate. WW also issues a bond today, it also puts it up for sale at its Even value (100%), but the coupon rate is lower, 2%. Which of the following factors could explain that the WW company bonus pay a coupon less than the ZZZ company bonus?
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