Which of the following bonds is selling for the lowest price?

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cevaprff10

Business Finance

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Possible answers are:

a. 10 year 10% annual bond with YTM = 10%

B. 10 year 10% annual bond with YTM= 9%

c. 10 year 10% annual bond with YTM= 11%.

d. 10 year 10% semiannual bond with YTM = 11%

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Explanation & Answer


Anonymous
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