A coupon$-$paying corporate bond is trading at $$854\mathrm{.}03,$

matures in exactly $3$ years, and pays the bond holder $

$14$ every six months. If the yield to maturity of the bond

is $5\mathrm{.}5\%$ compounded semi$-$annually,

Q$1.$ What is the face value of the bond?

The face value of the bond is $

$($Give

answer to the nearest $1$ dollar$)$