Which investment should I choose?

Bond A: BBB Corporate bond, Price=$1,100, Par=$1,000, Coupon rate=4% (semiannual coupons), 13 years to maturity Bond B: BBB Corporate bond, Price=$5,900, Par=$5,000, Coupon rate=4.8% (semiannual coupons), 13 years to maturity

I. Bond A

J. Bond B

K. They are equivalent, so both are the same

L. Not enough info.

Answer rating: 100% (QA)

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