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This is the question: You are considering two bonds. Both have semiannual, 6 % coupons, $ 1 , 0 0 0 face values, and yields

This is the question: You are considering two bonds. Both have semiannual,

6 %

coupons, $

1, 000

face values, and yields to maturity of

6.5 % .

Bond S matures in

5

years and Bond L matures in

10

years. What is the difference in the current prices of these bonds?

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