Ivy purchases a $30-$year, $1400-$par bond with annual coupons. The bond is redeemable at par. The

price of the bond is $2342$ and its yield rate is $i.$ The coupon rate is twice the yield rate. Immediately

after receiving coupon number $8,$ Ivy sells the bond to Scott at a price that will yield Scott the same

annual effective rate of $i.$ Determine the price paid by Scott.

$2183$

$2231$

$2279$

$2135$

$2087$