You have just purchased a municipal bond with a $10,000 par value for $9,500. You purchased it immediately after the previous own received a semiannual interest payment. The bond rate is 6.6% per year payable semiannually. You plan to hold the bond for 7 years, selling the bond immediately after you receive the interest payment. If you desired nominal yield is 4.5% per year compounded semiannually, what will be your minimum selling price for the bond? $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 15.

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