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An investor has two bonds in his portfolio that both have a face val.pdf

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An investor has two bonds in his portfolio that both have a face value of $1,000 and pay a 7% annual coupon. Bond L matures in 13 years, while Bond S matures in 1 year. This is the second time I have asked this. The first time the answer to this problem was wrong. Solution What to be answer in question ?.

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An investor has two bonds in his portfolio that both have a face value of $1,000 and pay a 7% annual coupon. Bond L matures in 13 years, while Bond S matures in 1 year. This is the second time I have asked this. The first time the answer to this problem was wrong. Solution What to be answer in question ?

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  • 1. An investor has two bonds in his portfolio that both have a face value of $1,000 and pay a 7% annual coupon. Bond L matures in 13 years, while Bond S matures in 1 year. This is the second time I have asked this. The first time the answer to this problem was wrong. Solution What to be answer in question ?