A fixed interest stock with an optional redemption date at any time between 8 and 15 years from the date of isssue is redeemable at 118%. It pays coupons of 7.2% per annum half-yearly in arrears. An investor, subject to 28% income tax and 40% capital gains tax, purchases ex-dividend 5 months after issue a 2,000 nominal of the bond and obtains a net effective yield of 4.6% per half-year. Calculate, to 2 decimal places, the price paid by the investor. A fixed interest stock with an optional redemption date at any time between 8 and 15 years from the date of isssue is redeemable at 118%. It pays coupons of 7.2% per annum half-yearly in arrears. An investor, subject to 28% income tax and 40% capital gains tax, purchases ex-dividend 5 months after issue a 2,000 nominal of the bond and obtains a net effective yield of 4.6% per half-year. Calculate, to 2 decimal places, the price paid by the investor