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Veronica needed to price three (3) Singapore dollar-denominated bonds. She emailed you and asked for help in term of valuation as well as seeking your

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Veronica needed to price three (3) Singapore dollar-denominated bonds. She emailed you and asked for help in term of valuation as well as seeking your expertise to clear some of her doubts which were: (i) A higher coupon yield for 20-year bond as compared to that of 2-year bond from the same bond issuer, SGS. A wide coupon yield gap between 20-year SGS and 20-year ABC's bonds. Attached within her emails are the term sheets for the three bonds. (1) 2-year Singapore Government Securities (SGS) bond Standard & Poor's AAA rated Coupon rate 3.125% per annum Quarterly coupon payment Par value is $100

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