A 1000 par value 20-year bond with semiannual coupons (paid at the end of each six month period) and redeemable at maturity at 1050 is purchased for p to yield a nominal annual rate of 8.25% compounded semiannually. The first coupon is for 75, and each subsequent coupon is 3% great than the preceding coupon. Find P. Give your answer rounded to the nearest whole number (i.e. x)