If the yield rate is 7 convertible semiannually find the, Financial Management

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If the yield rate is 7 convertible semiannually find the

A 11-year bond with a face value of $5000 is redeemable at par and earns interest at 10.3% convertible semiannually. If the yield rate is 7% convertible semiannually, find the book value 2 months before the payment of the 9th coupon. (Use simple interest for the time between coupon payments.)

Value = $ (3 decimal place)

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Financial Management: If the yield rate is 7 convertible semiannually find the

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