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A 10-year $15,000 bond with 10% coupons, paid semiannually, is redeemable at par. The bond's effective yield is 8% convertible semiannually. Calculate the amount of

A 10-year $15,000 bond with 10% coupons, paid semiannually, is redeemable at par. The bond's effective yield is 8% convertible semiannually. Calculate the amount of premium amortized with the 11th coupon payment. 67.56 78.56 100 101.33 119.75

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