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A bond with coupons of 40 sells for P P. A second bond with the same maturity value and term has coupons equal to 30 and sells for Q Q. A third bond with the same maturity value and term has coupons equal to 80. All prices are based on the same yield rate, and all coupons are paid at the same frequency. Determine the price of the third bond.
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A bond with coupons of 40 sells for P P. A second bond with the same maturity value and term has cou...
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