A 10-year, capital-indexed bond linked to the Consumer Price Index (CPI) is issued with an annual coupon rate of 6% and a par (face) value of $2,000. The bond accrues and pays interest (coupon) semi- annually. During the first six months after the bond's issuance, the CPI increases by 2%. Evaluate bond's price (here, present value or possible price) at a market annual discount rate of 5% and on the second coupon payment date. (6 points)