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Today, Circus bonds were priced at a premium all day and Big Top bonds were priced at a premium all day. Both bonds have face
Today, Circus bonds were priced at a premium all day and Big Top bonds were priced at a premium all day. Both bonds have face values of $ and pay their next annual coupons in year. Kirk had $ at the start of the day and Ashley had $ at the start of the day. Which one of the following assertions is true?
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