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A $ 1 2 0 , 0 0 0 bond bearing interest at 5 . 5 % payable annually is bought six years before maturity

A $120,000 bond bearing interest at 5.5% payable annually is bought six years before maturity to yield 5.7%
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compounded semi-annually. If the bond is redeemable at par, what is the purchase price?
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The purchase price ofthebondis$

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