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Q14 (1 pt) Charlie Brown buys a 17-year bond with a face value of 5000 dollars that is redeemable at par and earns interest at

image text in transcribedQ14

(1 pt) Charlie Brown buys a 17-year bond with a face value of 5000 dollars that is redeemable at par and earns interest at 5.1 percent convertible semiannually. If the yield rate is 7 percent convertible semiannually, find the book value of the bond 2 months before the payment of the 12th coupon. Answer = dollars

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