Question: 6. Two $1000 face value bonds are both redeemable at par, with the first having a redemption date 3 years prior to the redemption date

6. Two $1000 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 11.7% convertible semiannually. The first bond sells for $785.19 and pays coupons at 8% convertible semiannually. The second bond pays coupons at 4.9% per half year. What is the price of the second bond? 6. Two $1000 face value bonds are both redeemable at par, with $ (3 decimal place)

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