Find the price to yield investor convertible semiannually

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1. A 9-year bond with a face value of 1000 dollars is redeemable at par and earns interest at 10.3 percent convertible semiannually. Find the price to yield an investor 7.7 percent convertible semiannually.

Answer = dollars (3 decimal place)

2. A 18-year bond with a face value of 1500 dollars is redeemable at twice par, and pays annual coupons at a rate of 3.3 percent effective. Find the price to yield an investor 4.7 percent effective.

Answer = dollars (3 decimal place)

Reference no: EM131905732

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