Question: 7 . ) A 4 , 0 0 0 bond with 3 % semiannual coupons is redeemable at 4 , 0 5 0 in is

7.) A 4,000 bond with 3% semiannual coupons is redeemable at 4,050 in is years. What price should be paid to eain a nominal annual rate of 5% convertible semiannually
7.) A 4,000 bond with 3% semiannual coupons is redeemable at

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