A $1000 bond with semiannual coupons, with coupon rate of 6% per annum convertible semiannually, matures at par on October 15th, 2020. The bond is purchased on June 28th, 2005 to yield the investor a nominal rate of 7% per annum convertible semiannually. What is the purchase price (i.e. the at price of the bond)? Assume simple interest between bond coupon dates. The following table may be useful: Date Date of the Year April 15th 105 June 28th 179 October 15th 288

A $1000 bond with semiannual coupons, with coupon rate of 6% per annum convertible semiannually, matures at par on October 15th, 2020. The bond is purchased on June 28th, 2005 to yield the investor a nominal rate of 7% per annum convertible semiannually. What is the purchase price (i.e. the at price of the bond)? Assume simple interest between bond coupon dates. The following table may be useful