KCase75551 KCase75551

13-09-2022
Business

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Abc corp has issued 10-year and 15-year bonds that mature on the same day and have the exactly same yield to maturity. If the current price of the 10-year bond is $889. 60 and of the 15-year bond is $1,194. 24, then which one of the bonds has a higher coupon rate?.

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