Question: john bought a 10 year, 1000 par value bond with 8% semiannual coupons. the price of the bond to earn a yield of 6% convertible

john bought a 10 year, 1000 par value bond with 8% semiannual coupons. the price of the bond to earn a yield of 6% convertible semiannually is 1204.14. Find the redemption value

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