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Bond A is a 5 year $1,000 bond with 7% paid quarterly. Bond B is a 5 year $1,000 bond with 8% paid semi-annually. Investors

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Bond A is a 5 year $1,000 bond with 7% paid quarterly. Bond B is a 5 year $1,000 bond with 8% paid semi-annually. Investors are receiving an expected rate equal to the bond rate. Which bond has the higher value

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