2. (10 points) A particular country's treasury issued a 25-year bond on October 15, 2014, paying 4.2% interest. Thus, if you bought $100,000 worth of these bonds you would receive $4,200 per year in interest for 25 years. An investor wishes to buy the rights to receive the interest on $100,000 worth of these bonds. The amount the investor is willing to pay is the present value of the interest payments, assuming a 6% rate of return. Assuming (incorrectly, but approximately) that the interest payments are made continuously, what will the investor pay? (Round your answer to the nearest cent.)