Gerald is planning to purchase an Australian Treasury bond with a coupon rate (j2) of 4.86% and face value of $100. The maturity date of the bond is 15 May 2033. Gerald's bond matures at par. If Gerald purchased this bond on 6 May 2018, what is his purchase price (rounded to four decimal places)? Assume a yield rate of 4.35% p.a. compounded half-yearly, allowing for taxation. Gerald needs to pay tax at rate 27.9% on coupon payments.