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6. What is the PV of a DEF, inc. convertible bond with a PAR value of $10,000, a 5% annual coupon, with a yield of

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6. What is the PV of a DEF, inc. convertible bond with a PAR value of $10,000, a 5% annual coupon, with a yield of 8%, with 20 years to maturity, convertible to 200 shares of common stock currently trading@ @40/share

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