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a. Janet has a 14-year 6% semi-annual coupon bond purchased to yield 4.5% convertible semi-annually. The amount of premium amortized in the 4th coupon is

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a. Janet has a 14-year 6% semi-annual coupon bond purchased to yield 4.5% convertible semi-annually. The amount of premium amortized in the 4th coupon is 14. If the bond is redeemable at par, calculate the book value of the bond immediately after the 16th coupon. 5 b. The following function generates the t-year forward rates for a particular yield curve: 14.1+1 = -0.001542 +0.005+ +0.041, 0

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