A $$$$16,000,7\mathrm{.}9\%$ bond redeemable at par is purchased $7$ years before maturity to yield $6\mathrm{.}5\%$ compounded semi$-$annually. If the bond interest is payable semi$-$annually, what is the purchase price of the$$ bond?

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Part $1$

The purchase price of the bond is $$$ $($Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as$$ needed.$)$ Please calculate the final answer for me