Question: Can someone please help me with this problem? Attached is an example to help. Thanks in advanced! Question 3 1 pts 3. A 1000 par
Can someone please help me with this problem? Attached is an example to help. Thanks in advanced!

Question 3 1 pts 3. A 1000 par value 11-year bond with semiannual coupons of 55 is purchased to yield 6% convertible semiannually. Find the market price of the bond 4 years and 5 months after purchase using the same yield rate. (A)] 1269 B) 1250 C) 1256 D) 1262 E) 1275 A 1000 par value 16-year bond with semiannual coupons of 50 is purchased to yield 5% convertible semiannually. Find the market price of the bond 7 years and 5 months after purchase using the same yield rate. n = 22 F=1000 Fr=55 =3% 0 1325 Bp = 55 2 1973% + 1000 V14 = 1282.4018 B8516 = Bg (1.030516 = 1314.3826 O 1345 01332 01339 Clean Price = 38516 - (55) = 1268.55) 0 1319
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