Question: The answer above is NOT correct. (1 point) A 9-year bond with a face value of 1000 dollars is redeemable at par and earns interest

The answer above is NOT correct. (1 point) A 9-year bond

The answer above is NOT correct. (1 point) A 9-year bond with a face value of 1000 dollars is redeemable at par and earns interest at 9.6 percent convertible semiannually. Find the price to yield an investor 7.1 percent convertible semiannually. Answer = dollars

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