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A 1 5 - year bond issue of 4 comma 2 0 0 comma 0 0 0 and bearing interest at 4 . 5 %

A 15-year bond issue of 4 comma 200 comma 000 and bearing interest at 4.5% payable annually is sold to yield 4.65% compounded semi dash annually. What is the issue price of the bonds? Question content area bottom Part 1 The purchase price of the bond is $ enter your response here. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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