A riskless bond has face value $P=$$$1000,$ coupon rate $=5\%,$ and matures in $25$ years. Assume the coupons are paid annually. Suppose you have two other investment opportunities: Bank A offers you a flat rate of $R_A=6\%$ and $B$ ank $B$ offers you a flat rate $B_B=8\%.$ How much is this bond worth in your eyes? Round your answer to one decimal.

Hint: the discount rate should be your best alternative.

Note: if your answer is $$1018\mathrm{.}2392,$ then just type in $1018\mathrm{.}2.$ No dollar sign, just a number.