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(10 points) A 13-year bond with a face value of 1000 dollars is redeemable at twice par and earns interest at 7.6 percent convertible semiannually.

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(10 points) A 13-year bond with a face value of 1000 dollars is redeemable at twice par and earns interest at 7.6 percent convertible semiannually. Find the price to yield an investor 5.4 percent convertible semiannually. Answer = dollars

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