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A $4,000 bond has coupons at a rate 10% paid semi-annually and matures on September 1st, 2026 at $4,200. Find the purchase price and bond
A $4,000 bond has coupons at a rate 10% paid semi-annually and matures on September 1st, 2026 at $4,200. Find the purchase price and bond quote of this bond on June 15th, 2021 to yield 8% convertible semi-annually.
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