Question
Two $10000 bonds redeemable at par at the end of the same period are bought to yield 10% convertible semiannually. One bond costs $8006.05 and
Two $10000 bonds redeemable at par at the end of the same period are bought to yield 10% convertible semiannually. One bond costs $8006.05 and has a coupon rate of 6.8 payable semiannually. The other bond has a coupon rate of 4% payable semiannually. Find the price of the second bond.
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee, W.H.C. Bassetti
8th Edition
0814406807, 978-0814406809
