Assume you are interested in purchasing a 15 -year bond that is being issued today, It has a par value of $1,000 and an annual coupon rate of 5.5%. Coupons are paid semi-annually. The annual rate of return for other bonds of simillar risk is 2.5%. What is the maximum price you would be willing to pay for the bond? (Round your answer to the nearest penny. Do not enter the dollar symbol or any commas. For example, if your answer is $1,234.56789, enter 1234.57 . Do not worry if Carnas adds commas or truncates trailing zeros.)