Problem $7-6$ Bond Prices $($LO$2)$

Langford $Co.$ issued $14-$ year bonds a year ago at a coupon rate of $8\mathrm{.}1\%.$ The bonds make semiannual payments. If the YTM on these bonds is $6\mathrm{.}4\%,$ what is the current bond price? $($Do not round intermediate calculations. Round the final answer to $2$ decimal places.

Omit $ sign in your response.$)$

Current bond price

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