A Walmart bond you purchased two years ago for $890 is now selling for $925. The bond paid $100 per year in coupon interest on the last day of each year (the last payment made today). You intend to hold the bond for four more years and project that you will be able to sell it at the end of year 4 for $960. You also project that the bond will continue paying $100 in interest per year (i.e. there are 4 payments, not 8). Given the risk associated with the bond, its required rate of return (rb) needs to be computed in each of the next four years with the following risk and yield information. Walmart currently has a credit rating from Moody's of `Aa2' and a rating from S&P of `AA'. Accordingly, what is the bond's fair present value?