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MetaA Government of Canada bond has 1 3 years remaining to maturity, pays semi - annual coupons ( yesterday ) of $ 4 0 ,

MetaA Government of Canada bond has 13 years remaining to maturity, pays semi-annual coupons (yesterday) of $40, and has a face value of $1,000. The bond is currently priced to yield 5.75%. What is the fair price for the bond today? (Assume that yields are expected to remain constant at the current level over the bond's life)). Round your answer to two decimal places. The answer is 1204.04 please show with equations how that is the answer thank you

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