Question: A $100 par value 10-year bond provides 5% semiannual coupons. The yield rate is 4% convertible semiannually. What are the dirty and clean values of

A $100 par value 10-year bond provides 5% semiannual coupons. The yield rate is 4% convertible semiannually. What are the dirty and clean values of the bond 8.4 years after issue at the same yield rate? Use both theoretical method and practical method. (Answers: $103.53, $101.53 by theoretical method, $103.53, $101.53 by practical method). Can you please right our the full numerical equation.

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