Assume a par value of $$1,000.$ Caspian Sea plans to issue a $16\mathrm{.}00$ year, semi$-$annual pay bond that has a coupon rate

of $8\mathrm{.}12\%.$ If the yield to maturity for the bond is $7\mathrm{.}77\%,$ what will the price of the bond be$?$

Answer format: Currency: Round to: $2$ decimal places.