BDJ Co. has a $5,000 par value bond outstanding with a coupon rate of 4.6% paid semiannually and 21 years to maturity. T

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answerhappygod
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BDJ Co. has a $5,000 par value bond outstanding with a coupon rate of 4.6% paid semiannually and 21 years to maturity. T

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BDJ Co. has a $5,000 par value bond outstanding with a
coupon rate of 4.6% paid semiannually and 21 years to maturity. The
yield to maturity on this bond is 4.6%. What is the price of
the bond? Round your answer to two decimal places.
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