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What is the price of the bond? Yan Yan Corp. has a S5.000 par value bond outstanding with a coupon rate of 4.6 percent paid

What is the price of the bond?

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Yan Yan Corp. has a S5.000 par value bond outstanding with a coupon rate of 4.6 percent paid semiannually and 21 years to maturity. The yield to maturity of the bond is 4.1 percent. What is the price of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Price $

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