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Question - You observe the following information for bonds A, B, and C. Coupons are paid annually, and the face value of each bond is $100.
Bond
Time to Maturity
Annual coupon rate
YTM
A
1
0%
3%
B
2
4%
4.5%
C
3
6%
5.5%
Required - Calculate the price of the three bonds?
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