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a 15,000 , 7.1% bond redeemable at par is purchased 8 years before maturity to yeild 7.5% compunded semi annually. if the bond interest is

a 15,000 , 7.1% bond redeemable at par is purchased 8 years before maturity to yeild 7.5% compunded semi annually. if the bond interest is payable semi annually what is the purchase price of the bond?

(round the final answer to the nearest cent as needed round all intermediate values to six decimal.

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