Question: (1 point) (Exercise 6.5) Two $1000 bonds redeemable at par at the end of the same period are bought to yield 8% convertible semiannually. One

(1 point) (Exercise 6.5) Two $1000 bonds redeemable at par at

(1 point) (Exercise 6.5) Two $1000 bonds redeemable at par at the end of the same period are bought to yield 8% convertible semiannually. One bond costs $878.96 and has a coupon rate of 6.6 payable semiannually. The other bond has a coupon rate of 4% payable semiannually. Find the price of the second bond ANSWER $

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