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please show all steps Determine the purchase price at the indicated time before maturity of the following bond redeemed at par shown in the table

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please show all steps

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 Time Before Yield Rate Conversion Period Semi-Annually Redemption $25,000 5% 6.5 years 4.5% quarterly The purchase price of the bond is $7. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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