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29. A 15-year bond pays semi-annual coupons at a 6% (annual) coupon rate. Its par value and redemption value are both 10,000. Two years after
29. A 15-year bond pays semi-annual coupons at a 6% (annual) coupon rate. Its par value and redemption value are both 10,000. Two years after its issue date, the bond is purchased at a discount to yield 8.00% convertible semi- annually. What is the adjustment to the bond's book value at the time of the bond's 9th semi-annual coupon payment? A) 42.20 B) 43.88 C) 60.06 D) 82.77 E) 116.70
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