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A bond with a face value of $ 1 0 , 0 0 0 and an annual coupon rate of 5 . 5 % convertible
A bond with a face value of $ and an annual coupon rate of convertible semiannually is redeemable at par at the end of years. The bond is priced using a nominal yield rate of convertible semiannually.
Calculate the amount of premium for this bond. give a positive answer to the nearest cent
At the time of the th coupon, calculate the amount of writedown of the premium.
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