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A $ 1000 par value 5-year bond with coupon rate of 10% payable semiannually and redeemable at par is bought to yield 12% convertible semiannually.

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A $ 1000 par value 5-year bond with coupon rate of 10% payable semiannually and redeemable at par is bought to yield 12% convertible semiannually. Find the total of the interest paid column in the bond amortization schedule. (Please enter your answer with 2 decimal places) Answer: $ 807.23

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