cristymarinee3087 cristymarinee3087
  • 08-03-2024
  • Business
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Bond A has a yield of 5%. Bond B has a yield of 7%. Both bonds have a coupon rate of 6.5%. Which bond has the higher price? (All else equal.)
A) Bond A
B) Bond B
C) Both bonds will sell for $1000
D) Not enough information provided

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