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A 11-year bond with a face value of 1000 dollars is redeemable at twice par and earns interest at 7.8 percent convertible semiannually. Find the
A 11-year bond with a face value of 1000 dollars is redeemable at twice par and earns interest at 7.8 percent convertible semiannually. Find the price to yield an investor 5.6 percent convertible semiannually.
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