Moody Corporation's bonds have a $15-$year maturity. a $7\mathrm{.}25\%$ coupon paid semiannually, and a par value of $$1,000.$ If the going market interest rate for bonds of similar risk and maturity is $5\mathrm{.}25\%($based on semiannual compounding$),$ what is the bond's price?

Your answer should be between $1075\mathrm{.}00$ and $1275\mathrm{.}00,$ rounded to $2$ decimal places, with no special characters.

Question $13$

$5$ pts