A 1000 par value, 6% bond with semiannual coupons is callable five years after issue. The bond matures for 1000 at the end of ten years and is sold to yield a nominal rate of 4% compounded semiannually under the assumption that the bond will not be called. Calculate the redemption value, at the end of five years, that will yield the purchaser the same nom- inal rate of 4% compounded semiannually