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(5 points) An n-year $1500 par value bond matures at par and has a coupon rate of 12% convertible semiannually. It is bought at a

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(5 points) An n-year $1500 par value bond matures at par and has a coupon rate of 12% convertible semiannually. It is bought at a price to yield 10% convertible semiannually. If the term of the bond is doubled, the price will increase by $75. Find the price of the n-year bond

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