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An n-year bond with par value $1,000 has annual coupons of $82. At a price of $891.62, the yield to the purchaser is 10% convertible
An n-year bond with par value $1,000 has annual coupons of $82. At a price of $891.62, the yield to the purchaser is 10% convertible semiannually. Find n.
| A. | 10 | |
| B. | 8 | |
| C. | 12 | |
| D. | 20 | |
| E. | 7 |
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Global Finance At Risk
Authors: S. Sen
1st Edition
1349420492, 978-1349420490
