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One bond has a coupon rate of 64 another a coupon rate of

One bond has a coupon rate of 6.4% , another a coupon rate of 8.2%. Both bonds pay interest annually, have 12 year maturities, and sell at a yield to maturity of 7.0%. If their yields to maturity next year are still 7.0%, what is the rate of return on each bond?

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Financial Management: One bond has a coupon rate of 64 another a coupon rate of

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Financial Management: One bond has a coupon rate of 64 another a coupon rate of

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