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Q1 (1 pt) A 10-year bond with a face value of 1000 dollars is redeemable at par and pays quarterly coupons at 7.5 percent convertible
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(1 pt) A 10-year bond with a face value of 1000 dollars is redeemable at par and pays quarterly coupons at 7.5 percent convertible quarterly. If the yield rate is 10.2 percent convertible quarterly, find the book value immediately after the payment of the 7th coupon. Answer = TirsStep by Step Solution
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