Question: A 1 0 , 0 0 0 Par Value bond with ( 6 % ) semiannual coupons was sold on 7 /

A 10,000 Par Value bond with \(6\%\) semiannual coupons was sold on 7/1/2005. It is callable on the following dates: If not called, it will be redeemed at par on 7/1/2013. Calculate the price that ensures a buyer of a nominal yield of \(5\%\) convertible semiannually?
A 1 0 , 0 0 0 Par Value bond with \ ( 6 \ % \ )

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