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Suppose you have a 25-year bond (Bond A) with $1000 par value that has a 6% coupon rate that makes semi-annual coupon payments. You have

Suppose you have a 25-year bond (Bond A) with $1000 par value that has a 6%

coupon rate that makes semi-annual coupon payments. You have another 25-year bond (Bond B)

with $1000 par value that is an annual zero-coupon bond. Both bonds have a yield to maturity Of

6.5% APR. What are the prices of both bonds?

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