Question: 5. (14 points) A two year bond with face value of $1,000 and 10% semi-annual coupons (5% & 5%) is redeemable at par. It is

 5. (14 points) A two year bond with face value of

5. (14 points) A two year bond with face value of $1,000 and 10% semi-annual coupons (5% & 5%) is redeemable at par. It is bought to yield 8% convertible semi-annually. Complete the following bond amortization schedule: Time Coupon Interest Book Value Price Adjustment 0 1 50 1,000

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