Question: without useing a spreadsheet 18. A $1000 par value ten-year 8% bond has semiannual coupons. The redemption value equals the par value. The bond is

without useing a spreadsheet

18. A $1000 par value ten-year 8% bond has semiannual coupons. The redemption value equals the par value. The bond is purchased at a premium to yield 6% convertible semiannually. What is the amount for amortization of the premium in the fifteenth coupon? A. $ 7.83 B. $4.12 C. $ 9.25 D. $ 5.46 E. $ 8.37

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