Question $3$

$1$ pts

What is the price of a $$1,000$ par value semi$-$annual bond with $22$ years to maturity and a coupon rate of $4\mathrm{.}8\%$ and a yield$-$to$-$maturity of $6\mathrm{.}9\%?($Round answer to $2$ decimal places.

Do not round intermediate calculations$)$