Question: A ten - year 1 0 0 par value bond pays ( 8 % ) coupons semiannually. The bond is priced at

A ten-year 100 par value bond pays \(8\%\) coupons semiannually. The bond is priced at 110 to yield an annual nominal rate of \(6\%\) convertible semiannually. Calculate the redemption value of the bond.
91.19
100
106
101.7
A ten - year 1 0 0 par value bond pays \ ( 8 \ %

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