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a 1000 par value bond, with r= .055, has coupons payable on January 1 and July 1, and will be redeemed July 1, 2001. The

a 1000 par value bond, with r= .055, has coupons payable on January 1 and July 1, and will be redeemed July 1, 2001. The bond is bought January 1, 1999, to yield 12% convertible semiannually. Find the price?

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