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| rev | Admin | (Created page with "Stacia buys a 5 year bond with coupons at 6% convertible monthly which will be redeemed at $1,500. She buys the bond to yield 9% convertible monthly. The purchase price is $1,100. Calculate the par value <ul class="mw-excansopts"><li>$2,916.84</li><li>$1,060.67</li><li>$2,114.52</li><li>$376.40</li><li>$23.04</li></ul> {{cite web |url=https://digitalcommons.calpoly.edu/cgi/viewcontent.cgi?article=1008&context=statsp |last=Hardiek |first=Aaron |date=June 2010 |website...") | Nov 22'23 at 10:02 | +585 |