Which coupon has the highest YTM

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Reference no: EM132028576

Consider three bonds all with a duration of 10 years:

A. Coupon bond that pays 10% p.a payable semi-annually selling at 4% discount.

B. Zero coupon selling at 70% discount.

C. Coupon bond that pays 14% p.a Payable annually, selling at par.

Which coupon has the highest YTM?

Reference no: EM132028576

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