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Your company is considering investing in the following two bonds: 1. Rogers Communication 4.00% bonds, maturing June 6, 2022 trading at a price of 104.6385
Your company is considering investing in the following two bonds: 1. Rogers Communication 4.00% bonds, maturing June 6, 2022 trading at a price of 104.6385 to yield a market interest rate of .64%. 2. CIBC 1.1% bonds, maturing January 19, 2026 trading at a price of 98.2123 to yield a market interest rate of 2.96%. Required: Which bonds are trading at a discount? Drag and drop your choice. CIBC Rogers Communications
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