Mindra Limited requires you to calculate the debt component to help in its calculation of its weighted average cost of capital (WACC). Mindra has 2,000 Corporate Bond issue that are trading in the market at a yield of 5.37%p.a with a coupon rate of 4.3% p.a. compounding semi-annually. The bonds mature in 10 years time and the bonds face value is $29,000. If a coupon payment was paid today what is the total market value of Mindras issued bonds? Provide your answer to the nearest dollar.