Nesmith Corporation's outstanding bonds have a $1,000 par value, a 6% semiannual coupon, 20 years to maturity, and an 10.5% YTM. What is the bond's price? Round your answer to the nearest cent.

Last year Janet purchased a $1,000 face value corporate bond with an 11% annual coupon rate and a 10-year maturity. At the time of the purchase, it had an expected yield to maturity of 9.46%. If Janet sold the bond today for $1,155.67, what rate of return would she have earned for the past year? Do not round intermediate calculations. Round your answer to two decimal places.