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Business, 09.12.2021 03:50 srosrguezbracho

A $1,000 par value 20-year bond has coupons at 5% convertible semiannually. It has a redemption value of $1,100. If the yield rate is 6% convertible semiannually, what is the bond's price

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A $1,000 par value 20-year bond has coupons at 5% convertible semiannually. It has a redemption valu...
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