Question: (1 point) (Exercise 6.24) A $1000 par value bond has 7% semiannual coupons and is callable at the end of the 11 th through the
(1 point) (Exercise 6.24) A $1000 par value bond has 7% semiannual coupons and is callable at the end of the 11 th through the 18 th years at par. a) Find the price to yield 3% convertible semiannually. ANSWER =$ b) Find the price to yield 9% convertible semiannually. ANSWER =$ c) If the bond in (b) is actually called at the end of 11 years, find the yield rate. ANSWER = %. d) If the bond is putable rather than callable, rework (a). ANSWER =$ e) If the bond is putable rather than callable, rework (b). ANSWER =$
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