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A bond made a coupon payment in June 2020. The bond matures in December, 2028. The bond's coupon rate is 5% (with semiannual payments), and

A bond made a coupon payment in June 2020. The bond matures in December, 2028. The bond's coupon rate is 5% (with semiannual payments), and its face value is $1,000. If the current market yield is 4% APR, what is the value of this bond?

Enter your answer in dollars (but without the dollar sign, '$'), rounded to the nearest cent (2 decimals).

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