Question: Sqeekers Co. issued 10-year bonds a year ago at a coupon rate of 1.3 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.16 percent, what is the current bond price?
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).