A 1000 par value bond, with r .055, has coupons payable on January 1 and July
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A 1000 par value bond, with r — .055, has coupons payable on January 1 and July 1, and will be redeemed July 1, 2001. The bond is bought January 1, 1999, to yield 12% convertible semiannually. Find the price.
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Related Book For 
Theory Of Interest And Life Contingencies With Pension Applications A Problem Solving Approach
ISBN: 978-1566983334
3rd Edition
Authors: Asa Michael M. Parmenter, Ph.d.
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