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A 20 year bond with a par value of 10,000 will mature in 20 years for 10,500. The coupon rate is 8% convertible semiannually. Calculate

A 20 year bond with a par value of 10,000 will mature in 20 years for 10,500. The coupon rate is 8% convertible semiannually. Calculate the price that you would pay if you bought the bond to yield 6% convertible twice a year.

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