Question: Ali Baba has a $ 1 0 , 0 0 0 par value bond outstanding with a coupon rate of 4 . 7 percent paid

Ali Baba has a $10,000 par value bond outstanding with a coupon rate of 4.7 percent paid semiannually and 9 years to maturity. The yield to maturity on this bond is 4.4 percent. What is the dollar price of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
Bond price
 Ali Baba has a $10,000 par value bond outstanding with a

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