Question: A three-year bond has face value $10,000 with coupons at 8% convertible semiannually. (c) Suppose the redemption value is C, and the bond is bought

A three-year bond has face value $10,000 with coupons at 8% convertible semiannually.

(c) Suppose the redemption value is C, and the bond is bought to yield 9% convertible semiannually. Find the value of C for which the bond is not sold at either a premium or a discount.

(g) Suppose the redemption value is C, and the bond is bought to yield 7% convertible semiannually. Find the value of C for which the bond is not sold at either a premium or a discount.

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