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One year ago, Ray's Pizza Inc. issued 15-year bonds with a coupon 4.8 percent, compounded semiannually. If the YTM on Ray's Pizza's bonds is 5.3

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One year ago, Ray's Pizza Inc. issued 15-year bonds with a coupon 4.8 percent, compounded semiannually. If the YTM on Ray's Pizza's bonds is 5.3 percent, what is their current dollar price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current bond price

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