Please be sure to check your work. And make sure that it is correct.

* (Exercise 6.24) A $1000 par value bond has 7% semiannual coupons and is callable at the end of the 11th through the 17th years at par. a) Find the price to yield 5% convertible semiannually. ANSWER = $ b) Find the price to yield 12% convertible semiannually. ANSWER = $ c) If the bond in (b) is actually called at the end of 11 years, find the yield rate. ANSWER = d) If the bond is putable rather than callable, rework (a). ANSWER = $ e) If the bond is putable rather than callable, rework (b). ANSWER = $ %. * (Exercise 6.24) A $1000 par value bond has 7% semiannual coupons and is callable at the end of the 11th through the 17th years at par. a) Find the price to yield 5% convertible semiannually. ANSWER = $ b) Find the price to yield 12% convertible semiannually. ANSWER = $ c) If the bond in (b) is actually called at the end of 11 years, find the yield rate. ANSWER = d) If the bond is putable rather than callable, rework (a). ANSWER = $ e) If the bond is putable rather than callable, rework (b). ANSWER = $ %