A corporation issues a 4-year, $7,571 par value bond with semiannual coupons at 6% per annum. Find

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A corporation issues a 4-year, $7,571 par value bond with semiannual coupons at 6% per annum. Find the price to yield 9% per annum compounded semiannually.

A $6,389 bond bearing interest at 6% payable semi-annually matures in 7 years. If it is bought to yield 9% compounded semi-annually, what is the purchase price of the bond?