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A five-year 1,000 par value bond pays 4% coupons semiannually. The bond is priced at 1,122 to yield an annual nominal rate of 2% convertible

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A five-year 1,000 par value bond pays 4% coupons semiannually. The bond is priced at 1,122 to yield an annual nominal rate of 2% convertible semiannually. Calculate the redemption amount of the bond

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