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Business, 10.01.2020 11:31 alexandroperez13
For each of the following pairs of treasury securities (each with $1000 par value), identify which will have the higher price:
a. a three-year zero-coupon bond or a five-year zero coupon bond?
b. a three-year zero-coupon bond or a three-year 4% coupon bond?
c. a two-year 5% coupon bond or a two-year 6% coupon bond?
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