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HW12: Problem 2 Previous Problem List Next (1 point) An n-year $10000 par value bond matures at par and has a coupon rate of 13%

HW12: Problem 2 Previous Problem List Next (1 point) An n-year $10000 par value bond matures at par and has a coupon rate of 13% convertible semiannually. It is bought at a price to yield 5% convertible semiannually. If the term of the bond is doubled, the price will increase by $4000. Find the price of the n- year bond. ANSWER-$

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