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  3. 12. which one of the following bonds would generat

12. Which one of the following bonds would generate the highest proceeds upon issuance? ...

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Finance

12. Which one of the following bonds would generate the highest proceeds upon issuance?
a. a bond with a coupon interest rate of 7% and a prevailing market rate of 6%
b. a bond with a coupon interest rate of 7% and a prevailing market rate of 9%
c. a bond with a coupon interest rate of 8% and a prevailing market rate of 8%
d. A bond with a coupon interest rate of 9% and a prevailing market rate of 7%

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