Suppose the YTM is $0\mathrm{.}053$ for a $20-$year $$1000$ bond with a $7\%$ coupon rate and annual coupon payments. Its bond price is $

Instruction: Type ONLY your numerical answer in the unit of dollars, NO $ sign, NO comma, and round to the nearest whole number. E$.$g$.,$ if vour answer is

$$7,001\mathrm{.}56,$ should type ONLY the number $7002,$ NEITHER $7,001\mathrm{.}6,$$$7001\mathrm{.}6,$$$7,001\mathrm{.}6,$ NOR $7001\mathrm{.}56.$ Otherwise, Blackboard will treat it as a wrong answer.