A United States Treasury bond pays annual interest, has a par value of $1,000, matures in 1 years, has a coupon rate of 5.38% per annum, and has a yield to maturity (YTM) of 6.89% per annum. The default risk premium on the bond issued by a United States company called Risky Business in the United States is 3.55% per annum. The bond issued by Risky Business pays annual coupon, has a par value of $1,000, matures in 1 years and has a coupon rate of 5.38% per annum. The current intrinsic value of that bond issued by Risky Business is $