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Which of the two bond has lower price per bond. Bond X that pay 6% annual coup-on (semi-annually) that will mature in 14 years.

Which of the two bond has lower price per bond. Bond X that pay 6% annual coup-on (semi-annually) that will mature in 14 years. Bond Y, that will mature in 8 years and pay no coup-on. Discount rate for both bonds are the same 13%.

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