Question: = Homework: Homework 9 Question 1, 15.2.6 HW Score: 0%, 0 of 4 points X Points: 0 of 1 A $17,000, 7.6% bond redeemable at

= Homework: Homework 9 Question 1, 15.2.6 HW Score: 0%, 0

= Homework: Homework 9 Question 1, 15.2.6 HW Score: 0%, 0 of 4 points X Points: 0 of 1 A $17,000, 7.6% bond redeemable at par is purchased 6 years before maturity to yield 6.3% compounded semi-annually. If the bond interest is payable semi-annually, what is the purchase price of the bond? 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.)

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