Determine the purchase price at the indicated time before maturity of the following bond redeemed at par shown in the table below.

Par Value

Bond Rate Payable$$ Semi$-$Annually

Time Before Maturity

Yield Rate

Conversion Period

$$$$2,000$

$8\mathrm{.}5\%$

$5$ years

$9\mathrm{.}25\%$

semi$-$annuallyDetermine the purchase price at the indicated time before maturity of the following bond redeemed at par shown in the table below.