Question: Click to see additional instructions You are interested in purchasing 12-year, 2.5% coupon, $1,000 face value U.S. Treasury Bond. Other Treasury bonds with similar maturity

Click to see additional instructions You are interested in purchasing 12-year,

Click to see additional instructions You are interested in purchasing 12-year, 2.5% coupon, $1,000 face value U.S. Treasury Bond. Other Treasury bonds with similar maturity are yielding 3.6%, compounded semiannually. If the bond you are interested is priced to earn the same yield, what is the bond's market price? (Your answer should be in dollars with two decimal places, with no dollar sign or commas. E.g. if your answer is $1,240.39, you should type 1240.39.)

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