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A $10000 par value 10-year bond with a coupon rate of 7% payable semiannually and redeemable at par is bought to yield 14% convertible
A $10000 par value 10-year bond with a coupon rate of 7% payable semiannually and redeemable at par is bought to yield 14% convertible semiannually. Find the total of the interest paid column in the bond amortization schedule.
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
13th International Edition
1265533199, 978-1265533199
