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11. Exhibit 18.29 shows the characteristics of two annual pay bonds from the same issuer with the… 1 answer below » 11. Exhibit 18.29 shows the characteristics of two annual pay bonds from the same issuer with the same priority in the event of default, and Exhibit 18.30 displays spot interest rates. Neither bond’s price is consistent with the spot rates. Using the information in Exhibits 18.29 and 18.30, recommend either Bond A or Bond B for purchase. Justify your choice. Dec 29 2015 10:57 AM
