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a. What is the price of a 10 year $10,000 face value bond with 8% semi-annual coupons redeemable at $9,000 calculated to yield 6% convertible

a. What is the price of a 10 year $10,000 face value bond with 8% semi-annual coupons redeemable at $9,000 calculated to yield 6% convertible semi-annually?

b. Is this bond sold at premium or discount? Explain.

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