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Suppose that a 10-year 7% $2000 bond pays semiannual coupons. If the bond is redeemable for $2100, find the price to yield 12% convertible semiannually.
Suppose that a 10-year 7% $2000 bond pays semiannual coupons. If the bond is redeemable for $2100, find the price to yield 12% convertible semiannually.
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