Question: Hello, I have attached some chegg links to problems that are the same as this one but have different numbers, they may be helpful. https://www.chegg.com/homework-help/questions-and-answers/two-1000-dollar-face-value-bonds-redeemable-par-first-redemption-date-3-years-prior-redemp-q48278086?trackid=2ca238581945&strackid=8dc3aa85e97b
Hello, I have attached some chegg links to problems that are the same as this one but have different numbers, they may be helpful.
https://www.chegg.com/homework-help/questions-and-answers/two-1000-dollar-face-value-bonds-redeemable-par-first-redemption-date-3-years-prior-redemp-q48278086?trackid=2ca238581945&strackid=8dc3aa85e97b https://www.chegg.com/homework-help/questions-and-answers/two-1000-dollar-face-value-bonds-redeemable-par-first-redemption-date-3-years-prior-redemp-q105344042?trackid=002f696f822d&strackid=8dc3aa85e97b https://www.chegg.com/homework-help/questions-and-answers/two-1000-dollar-face-value-bonds-redeemable-par-first-redemption-date-3-years-prior-redemp-q105463385?trackid=99db8234e657&strackid=8dc3aa85e97b https://www.chegg.com/homework-help/questions-and-answers/two-1000-dollar-face-value-bonds-redeemable-par-first-redemption-date-3-years-prior-redemp-q105487315?trackid=bbf54635f85e&strackid=8dc3aa85e97b

Two 1000 dollar face value bonds are both redeemable at par, with the first having a redemption date 3 years prior to the redemption date of the second. Both are bought to yield 11.6 percent convertible semiannually. The first bond sells for 784.31 dollars and pays coupons at 7.9 precent convertible semiannually. The second bond pays coupons at 5.1 percent per half year. What is the price of the second bond? Answer = dollars
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