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A $15,000, 7.1% bond redeemable at par is purchased 8.5 years before maturity to yield 6.3% compounded semi-annually. If the bond interest is payable semi-annually,

A $15,000, 7.1% bond redeemable at par is purchased 8.5 years before maturity to yield 6.3% compounded semi-annually. If the bond interest is payable semi-annually, what is the purchase price of thebond?

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