A coupon bond issued by an Australian company in Sydney pays annual interest, has a par value of $1,000, matures in 25 years, has a coupon rate of 14.74% per annum, and has a yield to maturity of 14.64% per annum. The current intrinsic value of the bond should be \$ (Note: answer must be accurate to nearest cent, or 2 decimal places but you may leave your answer with more than 2 decimal places.)