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A 5-year 1000 bond has a 6% coupon rate convertible semiannually. It is callable in 2 years. An investor wishes to buy the bond to

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A 5-year 1000 bond has a 6% coupon rate convertible semiannually. It is callable in 2 years. An investor wishes to buy the bond to yield 5.5% convertible semiannually. Find the purchase price of the bond

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