Proof why an investor would be indifferent btw bonds with different coupon.

The common assumption is that investor will reinvest after maturity.

A B C zcb CF_A CF_B my CF_A

FV 1000 1000 1000 1 60 100 138.6004
C 6% 10% 0 2 60 100 138.6004
Y 8% 8% 8% 3 60 100 138.6004
N 10 10 10 4 60 100 138.6004
P $865.80 $1,134.20 $463.19 5 60 100 138.6004
Inv $ 2,000.00 $2,000 $2,000 6 60 100 138.6004
n 2.31 1.7633549 4.31785 7 60 100 138.6004
8 60 100 138.6004
9 60 100 138.6004
10 1060 1100 2448.607
my CF_B FV_A FV_B my CF_C FV_C
176.3354902 277.0628 352.4955 0 0
176.3354902 256.5397 326.3847 0 0
176.3354902 237.5367 302.208 0 0
176.3354902 219.9414 279.8223 0 0
176.3354902 203.6495 259.0947 0 0
176.3354902 188.5643 239.9025 0 0
176.3354902 174.5966 222.1319 0 0
176.3354902 161.6635 205.6777 0 0
176.3354902 149.6884 190.4423 0 0
1939.690392 2448.607 1939.69 4317.85 4317.85
total value 4317.85 4317.85 4317.85