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You are analyzing two bonds. Both have semi-annual 6 percent coupons, $1,000 face values, and yields to maturity of 8.1 percent. Bond A matures in
You are analyzing two bonds. Both have semi-annual 6 percent coupons, $1,000 face values, and yields to maturity of 8.1 percent. Bond A matures in 5 years and Bond B matures in 10 years. What's the difference in the current price of these two bonds? Please show work if possible
A. $54.81 B. $64.87 C. $61.23 D. $57.12
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