Question: A $ 1 4 , 2 2 9 par value whose coupon rate is 4 . 5 % is purchased. If the investment represents a

A $14,229 par value whose coupon rate is 4.5% is purchased. If the investment represents a current yield of 3.3%, compute the bond's market price at the time of the purchase.
Round your answer to the nearest dollar.

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