Question: (1 point) (Exercise 6.5) Two $100 bonds redeemable at par at the end of the same period are bought to yield 12% convertible semiannually. One

(1 point) (Exercise 6.5) Two $100 bonds redeemable at par at

(1 point) (Exercise 6.5) Two $100 bonds redeemable at par at the end of the same period are bought to yield 12% convertible semiannually. One bond costs $84.54 and has a coupon rate of 7.8 payable semiannually. The other bond has a coupon rate of 4.4% payable semiannually. Find the price of the second bond. ANSWER =$

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