Question: 2. A 100 par value five year bond with semiannual coupons with coupon rate 8% convertible semiannually is selling for 65. Find an expression for

 2. A 100 par value five year bond with semiannual coupons

2. A 100 par value five year bond with semiannual coupons with coupon rate 8% convertible semiannually is selling for 65. Find an expression for the yield rate

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