Bond b was issued 10 years ago with a coupon rate of 8 if


1. Masters Corp. has two bonds with 20-years remaining until maturity. Both bonds are unsecured and are callable at $1,050.Bond A was issued 20 years ago with a coupon rate of 6%. Bond B was issued 10 years ago with a coupon rate of 8%. If bonds with similar risk today are yielding about 8%, which bond has the higher yield to maturity? 

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Finance Basics: Bond b was issued 10 years ago with a coupon rate of 8 if
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