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A(n) 6.3% bond with 12 years left to maturity has a YTM of 8.5%. The bond's price should be $ You should assume that the

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A(n) 6.3% bond with 12 years left to maturity has a YTM of 8.5%. The bond's price should be $ You should assume that the coupon payments occur semiannually. Do not round any intermediate work. Round your final' answer to 2 decimal places (example: 1234.567 = 1234.57). Do not enter the $ sign. Margin of error for correct responses: +/-.05

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