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Suppose the US government is issuing a $1,000 PAR value coupon bond today. This bond will mature in 3 years from today. This Bond's

Suppose the US government is issuing a $1,000 PAR value coupon bond today. This bond will mature in 3 years from today. This Bond's annual coupon rate is 11%. Coupons are paid once in a year. The investors expect 4% annual return on this bond. How much is the present value of all coupon payments for this Bond? Enter your answer in the following format: 123.45 Hint: Answer is between 274.73 and 341.89

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