Question $5$

A ten$-$year bond with semiannual coupons is purchased to yield $$ convertible semiannually.

Coupon rate is $$ convertible semiannually.

The par value is $$1,000.$ What is the book value of the bond six years after issuance date?

$****($alpha $=0\mathrm{.}1$ ; beta $=0\mathrm{.}048)****$