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A 15 year bond yields 7.00% per annum convertible semi-annually. Coupons are paid quarterly at 6.00% per annum. The bond is redeemed at 105% of

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A 15 year bond yields 7.00% per annum convertible semi-annually. Coupons are paid quarterly at 6.00% per annum. The bond is redeemed at 105% of par value at maturity. What is the discount of the bond if the par value is 1,000? a. 119 b. 130 C. 150 d. 930 e. 1050

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