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A $130,000 bond bearing interest at 4.5% payable semi-annually is bought six years before maturity to yield 4.8% compounded quarterly. If the bond is redeemable

A $130,000 bond bearing interest at 4.5% payable semi-annually is bought six years before maturity to yield 4.8% compounded quarterly. If the bond is redeemable at par, what is the purchase price?

The purchase price of the bond is $__

(WILL THUMBS UP IF CORRECT AND DOWN IF INCORRECT)

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