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A compary hasa bond outstandirg with a facevalue of $1000 that reaches maturity in 4 years. The bond certificate indicates that the stated coupon rate

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"A compary hasa bond outstandirg with a facevalue of $1000 that reaches maturity in 4 years. The bond certificate indicates that the stated coupon rate for this bond is 2.9% and that the coupon payments are to be made semiannually. Assuming the appropriate. YTM on the bond is 6%, then the price that this bond trades for will be closest to numerical terms For example, if the answer is 5500 , write enter 500 as an answer: Note: Express your answers in strictly

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