Dick purchases an n- year 1000 par value bond with 12% annual coupons at an annual effective yield of i , where is O . The book value of the bond at the end of year 2 ( immediately after the coupon ) i 1479 . 65 , and the book value at the end of year 4 ( immediately after the coupon ) is 1439.57 . The bond redeems at par value Calculate the purchase price of the bond ( 2 ) 1510 ( 6 ) 1515 ( C ) 1519 ( d) 1523 ( @ ) 1527