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Determine the purchase price at the indicated time before maturity of the following bond redeemed at par shown in the table belowPar Value$ 1 0

Determine the purchase price at the indicated time before maturity of the following bond redeemed at par shown in the table belowPar Value$10,000Bond Rate Payable Semi-Annually10.5%Time Before Maturity9 yearsHW Score: 0%,0 of 10 points Points: 0 of 1SarYield Rate115%Conversion Period semi-annuallyThe purchase price of the bond is $(Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed)

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