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Question 9 A bond is sold at discount. Given an interest rate of 4.0% convertible semiannually, a semiannual coupon of 1.75 and a book value

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Question 9 A bond is sold at discount. Given an interest rate of 4.0% convertible semiannually, a semiannual coupon of 1.75 and a book value of 97.75 immediately after the 10th coupon payment. Find the book value immedietely following the 11 coupon payment. +4 Book value after 11" coupon: 24.43

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