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Q17 (1 pt) A 9-year bond with a face value of 1000 dollars is redeemable at twice par and earns interest at 10.3 percent convertible

image text in transcribedQ17

(1 pt) A 9-year bond with a face value of 1000 dollars is redeemable at twice par and earns interest at 10.3 percent convertible semiannually. If the yield rate is 7.4 percent convertible semiannually, find the book value immediately after the payment of the 11th coupon. Answer = dollars

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