Question: A $ 1 0 0 0 par value bond has 8 % semiannual coupons and is callable at the end of the 1 0 th

A $1000 par value bond has 8% semiannual coupons and is callable at the end of the 10th through the 15th years at par. (a) Compute the price to yield 6% convertible semiannually. (b) Compute the price to yield 10% convertible semiannually.

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