Question: (1 point) (Exercise 6.4) A 10-year $100 par value bond bearing a 9% coupon rate payable semiannually and redeemable at $165 is bought to yield

(1 point) (Exercise 6.4) A 10-year $100 par value bond bearing a 9% coupon rate payable semiannually and redeemable at $165 is bought to yield 9% convertible semiannually. Find the price. ANSWER =$
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