Question: (1 point) Two 1000 dollar face value bonds are both redeemable at par, with the first having a redemption date 3 years prior to the

(1 point) Two 1000 dollar face value bonds are both redeemable at par, with the first having a redemption date 3 years prior to the redemption date of the second. Both are bought to yield 11.9 percent convertible semiannually. The first bond sells for 775.42 dollars and pays coupons at 8 precent convertible semiannually. The second bond pays coupons at 4.8 percent per half year. What is the price of the second bond? Answer = dollars

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