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Charlie Brown buys a 18-year bond with a face value of 5000 dollars that is redeemable at par and earns interest at 3.8 percent convertible

Charlie Brown buys a 18-year bond with a face value of 5000 dollars that is redeemable at par and earns interest at 3.8 percent convertible semiannually. If the yield rate is 6.9 percent convertible semiannually, find the book value of the bond 2 months before the payment of the 12th coupon. Use simple interest for the time between coupons.

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