Question $8$

$5$ pts

Exam Question $7\mathrm{.}4.$ You required a rate of return is $6\mathrm{.}50\%$ when purchasing a $30-$year, $5\mathrm{.}2\%$ semiannual coupon bond. The bond will repay $$1,000$ at maturity. What price should you pay for this bond? Answer without a $ sign, without a $+$ or $-$ sign, and to two decimal places.