Item $8$

Langford Co$.$ issued $14-$year bonds a year ago at a coupon rate of $7\mathrm{.}3\%.$ The bonds make semiannual payments. If the YTM on these bonds is $5\mathrm{.}6\%,$ what is the current bond price? $($Do not round intermediate calculations. Round the final answer to $2$ decimal places. Omit $ sign in your response.$)$

Current bond price $