Problem $7-6$ Bond Prices $[$LO$2]$

Elous Company hsoed $12$ year bonds a year age at a coupon rase of $72$ pescent. The bonds mabe semiannual payments and have a per value of $$1000.$ If the YTM on these bonds is $5\mathrm{.}5$ perceet, what is the current bond price in doliars?

Note: Do not round imtermediate calculations and round your anawer te $2$ decimal places, e$9,3216.$

Cunert bond preve