Westco Company issued 13-year bonds one year ago at a coupon rate of 7 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 5.3 percent, what is the current price of the bond in dollars? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Answer below was provided but not completely correct. Answer is complete but not entirely correct. Current bond price $1,086.40 (selected answer incorrect)