Question
two $1,000 bonds redeemable at par at the end of the same period are bought to yield 4% convertible semiannually. One bonds costs $1,136.78 and
two $1,000 bonds redeemable at par at the end of the same period are bought to yield 4% convertible semiannually. One bonds costs $1,136.78 and has a coupon rate of 5% payable semiannually. The other bond has a coupon rate of 2.5% payable semiannually. Find the price of the second bond.
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Regulation A+ How The JOBS Act Creates Opportunities For Entrepreneurs And Investors
Authors: Paul Getty , Dinesh Gupta , Robert R. Kaplan
1st Edition
1430257318,1430257326
