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A municipal bond with a coupon rate of 3.1 percent has a yield to maturity of 4.1 percent. Assume a face value of $5,000. If

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A municipal bond with a coupon rate of 3.1 percent has a yield to maturity of 4.1 percent. Assume a face value of $5,000. If the bond has 8 years to maturity, what is the price of the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Price of the bond $ 3,646.25%

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