Question: please make sure answer is correct before posting. will make sure to thumbs up very fast Suppose that a bond pays semiannual coupons in the

please make sure answer is correct before posting. will make sure to thumbs up very fast

Suppose that a bond pays semiannual coupons in the sequence 25,30,25,35,25,40,,25,85. If the redemption value is 2500 dollars and the yield rate is 8.6 percent convertible semiannually, what is the price of the bond? Answer = dollars

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