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Which of the following bonds should have the highest market value?

A.a zero coupon bond with 10 years maturity

B.a discount bond with 7% coupon rate maturing in 7 years

C.a premium bond with 9% coupon rate and 4 years left to maturity

D.a discount bond with 9% coupon rate and 4 years left to maturity

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92271040

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