Question: 2. I got 10789, please check my solution and provide a detailed answer A $21.000,94% bond redeemable at par le purchased 10.5 years before maturity

2. I got 10789, please check my solution and provide a detailed answer

A $21.000,94% bond redeemable at par le purchased 10.5 years before maturity to yield 74% compounded vormily. We bond werest is payabile semnatywhat is the purchase price of the bene? The purchase price of the bond is Round the final answer to the nearest cent as needed. Round an intermediate values to decimal places as needed

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