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Your broker faxed to you the following information about two semiannual 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) $ 1,000 $ 1,000
Cupon rate 9.5%
Yield to maturity 7.5 % 9.5%
Years to maturity 10 20
Price $ 689.15
Fill in the missing data from the information that the broker sent.
Sagot :
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