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please solve without excel 9. A 100 par value 10-year bond sells for P and yields a nominal interest rate of 7% convertible semian- nually.

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please solve without excel

9. A 100 par value 10-year bond sells for P and yields a nominal interest rate of 7% convertible semian- nually. The bond has 6% coupons payable semiannually and a redemption value of 105. Calculate P

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