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Two bonds have par values of $1,000. Bond A is a 5% annual-pay, 15 -year bond priced to yield 8% as an annual rate; the
Two bonds have par values of $1,000. Bond A is a 5% annual-pay, 15 -year bond priced to yield 8% as an annual rate; the other (Bond B) is a 7.5% annual-pay, 2o-year bond priced to yield 6% as an annual rate. The values of these two bonds would be (no need for calculator)
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