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Your broker faxed to you the following information about

Missing information on a bond. Your broker faxed to you the following information about two monthly coupon bonds that you are considering as a potential investment. ? Unfortunately, your fax machine is blurring some of the? items, and all you can read from the fax on the two different bonds is the? following:

Features IBM Coupon Bond AOL Coupon Bond

Face value (Par) $5,000 $5,000

Coupon Rate 9.5% ?

Yield to maturity 6.5% 5.5%

Years to maturity 15 30

Price ? $8,302.28

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Financial Management: Your broker faxed to you the following information about

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