Question: Yan Yan Corp. has a $2,000 par value bond outstanding with a coupon rate of 4.82 percent paid semiannually and 2 year to maturity. The

Yan Yan Corp. has a $2,000 par value bond outstanding with

Yan Yan Corp. has a $2,000 par value bond outstanding with a coupon rate of 4.82 percent paid semiannually and 2 year to maturity. The yield to maturity of the bond is 9.78 percent. What is the price of the bond? Omit $ dollar sign and commas in your response. Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)

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