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Business, 29.01.2021 05:50 bcruz310

One bond has a coupon rate of 7.4%, another a coupon of 9.2%. both bonds pay interest annually, have 11 year maturities, and sell at a yield to maturity of 8% A. if their yields to maturity next year are still 8%, what is the rate of return on each bond?
B. Does the higher-coupon bond give a higher rate of return over this period?

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