A $1,000 municipal bond is in danger of default, and you are a bond-holder trying to sell the asset at a fair price. The municipality is facing uncertainty in the face of decreasing tax revenues, but is expected to repay the bond in its entirety with probability 0.84 . There is also a (10.84) probability of paying back only $952. Current market conditions indicate a 5.8% risk-free rate of return and a 7.6% market risk premium, and the bond has a beta of 0.3 . What would you conclude is a fair CAPM market price, in dollars, for this bond