Show instructionsQuestion $25(1$ point$)$Question $25$ of $25|$Page $25$ of $25$Grade: N$/$AA $$25000,6\%$ bond redeemable at par is purchased $11$ years before maturity to yield $6\mathrm{.}9\%$ compounded semi$-$annually. If the bond interest is payable semi$-$annually, what is the purchase price of the bond?Oa$$26285\mathrm{.}32$Ob$$26845\mathrm{.}32$Oc$$11845\mathrm{.}32$Od$$23285\mathrm{.}32$Submit