Question: Please solve using formula, NOT EXCEL. Two 10,000 bonds, both redeemable at par at the end of the same term, are bought to yield 3.8%

Please solve using formula, NOT EXCEL.

Please solve using formula, NOT EXCEL. Two 10,000 bonds, both redeemable at

Two 10,000 bonds, both redeemable at par at the end of the same term, are bought to yield 3.8% compounded semiannually. One bond costs 12,015.04 and has a coupon rate of 5% payable semiannually. The other bond has a coupon rate of 2.5% payable semiannually. Find the price of the second bond

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