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In November 2017, Treasury 4 1/8s of 2038 offered a semiannually compounded yield to maturity of 2.82%. Recognizing that coupons are paid semiannually, calculate the

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In November 2017, Treasury 4 1/8s of 2038 offered a semiannually compounded yield to maturity of 2.82%. Recognizing that coupons are paid semiannually, calculate the bond's price. Assume face value is $1,000. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Bond price

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