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A 30-year bond yields 6.50% per annum convertible semiannually. Coupons are paid semiannually at 7.00% per annum. The bond is redeemed at 95% of par

A 30-year bond yields 6.50% per annum convertible semiannually. Coupons are paid semiannually at 7.00% per annum. The bond is redeemed at 95% of par value at maturity. If the purchase price is $8,678, what is the par value of the bond? A 4244 B 9204 6524 D 7233 E 8200

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