Question: You have a $ 1 , 0 0 0 face value bond. You know that it originally had a maturity of 1 5 years, one

You have a $1,000 face value bond. You know that it originally had a maturity of 15 years, one year ago. This bond has 6.6% annual rate coupons, that are paid twice a year. The market for bonds like this has a YTM of 5.5% What is the current price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,12.34.)

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