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Question: 1 point two bonds each with a face value of...

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(1 point) Two bonds, each with a face value of $18000, are redeemable at par in t-years and priced to yield y,-9%. Bond 1 has a coupon rate c4 = 11.4% and sells for $20225.65. Bond 2 has coupon rate c4-4.5% and sells for $ P. What is the value of P? Answer:$

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