Westco Company issued 13-year bonds a year ago at a coupon rate of 8.5 percent. The onds make semiannual payments and have a par value of $1,000. If the YTM on these onds is 6.8 percent, what is the current bond price in dollars? (Do not round termediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

estco Company issued 13 -year bonds a year ago at a coupon rate of 8.5 percent. The onds make semiannual payments and have a par value of $1,000. If the YTM on these onds is 6.8 percent, what is the current bond price in dollars? (Do not round termediate calculations and round your answer to 2 decimal places, e.g., 32.16.)