Question: please do this and post answer on paper as i get confused with computer answer. please show all steps, especially on how to get the

please do this and post answer on paper as i get confused with computer answer. please show all steps, especially on how to get the nominal interest rate.

eBook You are considering a 15-year, $1,000 par value bond. Its coupon rate is 9%, and interest is paid semiannually. If you require an "effective" annual interest rate (not a nominal rate) of 8.1540%, how much should you be willing to pay for the bond? Do not round intermediate calculations. Round your answer to the nearest cent. ta 1086.99

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