1. A risky bond has a maturity of two years with a coupon rate of 5% to be paid annually and a face value of $1000. The YTM of the bond is 9%. What is the equivalent zero-coupon face value if this zero-coupon bond has the same maturity and YTM as the coupon paying bond? Enter your answer as dollar amount without the dollar sign $ and keep two decimals (Example: Enter 549.49 for $549.49; do not enter $549.49").