Consider two bonds bond a and bond b both with a coupon


Consider two bonds, Bond A and Bond B, both with a coupon rate of 8.4 percent and a yield to maturity of 7 percent. These are standard bonds with semi-annual coupon payments. Bond A matures in 4 years while Bond B matures in 9 years. What is the price of each bond?

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Financial Management: Consider two bonds bond a and bond b both with a coupon
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