Silvia is thinking about investing money into a bond to diversify her investments. Company X issued 12 bonds at a face value of $12500 and a 9.5% nominal interest rate paid semiannually to raise capital for an upcoming factory expansion. The face value of the bond is $12500. The bond is a 15 year bond. As the bond was issued, the current nominal interest rate in the market is 5.5% compounded monthly. What is the maximum price Silvia should be pay for a single bond from company X