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    Fixed Income Securities
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    Exam 2: Basics of Fixed Income Securities
  5. Question
    You Have Two Coupon Bonds with Same Maturity, One Pays
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You Have Two Coupon Bonds with Same Maturity, One Pays

Question 15

Question 15

Essay

You have two coupon bonds with same maturity, one pays 5% semiannu- ally and the other 5% quarterly. Which one has a higher yield?

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The second bond has a higher y...

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