A 12-year bond with a face value of 2000 dollars is redeemable at par and earns interest at 8.8 percent convertible semiannually. If the yield rate is 6.9 percent convertible semiannually, find the book value 4 months after the payment of the 7th coupon. (Recall that we use simple interest for points in time between coupon payments.)

BONDS: Problem 11 Prev Up Next (1 pt) A 12-year bond with a face value of 2000 dollars is redeemable at par and earns interest at 8.8 percent convertible semiannually. If the yield rate is 6.9 percent convertible semiannually, find the book value 4 months after the payment of the 7th coupon. (Recall that we use simple interest for points in time between coupon payments.) Answer- rs. Preview Answers Submit Answers You have attempted this problem 8 times. Your overall recorded score is 0%. You have unlimited attempts remaining. BONDS: Problem 11 Prev Up Next (1 pt) A 12-year bond with a face value of 2000 dollars is redeemable at par and earns interest at 8.8 percent convertible semiannually. If the yield rate is 6.9 percent convertible semiannually, find the book value 4 months after the payment of the 7th coupon. (Recall that we use simple interest for points in time between coupon payments.) Answer- rs. Preview Answers Submit Answers You have attempted this problem 8 times. Your overall recorded score is 0%. You have unlimited attempts remaining