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Find the value of a 1-year semiannual coupon bond with face value of $2,000 and a coupon rate of 15.77% if the YTM is 10.7%.

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Find the value of a 1-year semiannual coupon bond with face value of $2,000 and a coupon rate of 15.77% if the YTM is 10.7%. Report your answer using the bond price quote convention discussed in class. Answer Format: - INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "\$" "," or any other formatting. Carry interim computations to at least 4 decimals. Enter percentage answers as a positive percentage \% rounded to 2 decimal places. For example 0.123456 should be enter as: 12.35 (\#\#.#\#)

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