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A 9-year bond with a face value of $1000 is redeemable at par and earns interest at 7.4% convertible semiannually. If the yield rate is
A 9-year bond with a face value of $1000 is redeemable at par and earns interest at 7.4% convertible semiannually. If the yield rate is 10% convertible semiannually, find the book value immediately after the payment of the 6th coupon.
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