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A couple purchased a bond for $950.00 three years ago. The bond pays 6.375% APR with semi-annual coupons with a face value of $1,000. Currently,

A couple purchased a bond for $950.00 three years ago. The bond pays 6.375% APR with semi-annual coupons with a face value of $1,000. Currently, the bond has exactly 10 years until maturity, and investors seek a return of 12.00% APR on bonds of similar risk.

What is the current price of the bond?

Answer format: Currency: Round to: 2 decimal places.

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