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6. Balgruuf purchases a 1000 bond with 7% semiannual coupons, which is redeemable at 1050 to yield 8% convertible semiannually. If the present value of

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6. Balgruuf purchases a 1000 bond with 7% semiannual coupons, which is redeemable at 1050 to yield 8% convertible semiannually. If the present value of the redemption amount is 210, what is the price to the nearest 10

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