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A $2,500 6.5% eight year bond had annual coupons. If it is purchased for $2,590, the investor will anticipate 5.4% annual yield for the eight

A $2,500 6.5% eight year bond had annual coupons. If it is purchased for $2,590, the investor will anticipate 5.4% annual yield for the eight year investment. Find the redemption amount on this bond. The answer is $2,370.69 Please show work, Thanks

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