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Which of the following statement is/are correct? I. Everything else is equal if bond A has semiannual coupon and bond 8 has annual coupons, bond

Which of the following statement is/are correct? I. Everything else is equal if bond A has semiannual coupon and bond 8 has annual coupons, bond 8 will have lower market price. II. The investor will be able to earn the return that exactly equal to the YTM if she reinvests all the coupons at a rate that equals to YTM.

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