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A $2,000 15% ten-year bond has semiannual coupons and is sold to yield 5.8% convertible semiannually. The discount on the bond is $85.17. Find the

A $2,000 15% ten-year bond has semiannual coupons and is sold to yield 5.8% convertible semiannually. The discount on the bond is $85.17. Find the redemption amount. (Round your answer to the nearest cent.)

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