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The government of Puerto Rico and Finland are thinking of issuing bonds to finance their spending. Both bonds share the characteristics: Have a maturity of 5 years, Coupons of $50 each year, A principal value of $1000 C) Puerto Rico expects the yield-to-maturity on its bonds to be 20%, while Finland expects the yield-to-maturity on its bond to be 10%. Assume that both countries are identical except for their probability of default on their debt

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