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9) Two $1,000 bonds redeemable at par at the end of the same period are bought to yield 4% convertible semiannually. One bonds costs $1,136.78

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9) Two $1,000 bonds redeemable at par at the end of the same period are bought to yield 4% convertible semiannually. One bonds costs $1,136.78 and has a coupon rate of 5% payable semiannually. The other bond has a coupon rate of 2.5% payable semiannually. Find the price of the second bond. 10) A $10,000 serial bond is to be redeemed in $500 installments of principal at the end of the 6th through 25th years from the date of issue. Interest at the rate of 6% is paid annually on the balance outstanding. What is the price to yield an investor 10% effective

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