Question $15$

$4$ pts

Dexter Mills issued $30-$year bonds one year ago at a coupon rate of $9\mathrm{.}1$ percent. The bonds make semiannual payments and have a par value of $$1,000.$ If the $Y$ TM is $7\mathrm{.}6$ percent, what is the current bond price?

$($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

$$