Question: Please post step by step with no excel. answer has to be one of those answers. thanks ki. A 1000 par value 5-year bond with

Please post step by step with no excel. answer has to be one of those answers. thanks
Please post step by step with no excel. answer has to be

ki. A 1000 par value 5-year bond with 8.0% semiannual coupons was bought to yield 7% convertible semiannually. Determine the amount of premium amortized in the 6th coupon payment. a. 3.92 b. 4.83 4.6.37 e. 7.81 O: 5.58

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