Briar Corp is issuing a 10 year bond with a face value of $1,000 and a coupon rate of 7%, paid annually. The interest rate for similar bonds is currently 9%. What is the selling price of the bond? (Do not round intermediate computations. Round your final answer to the nearest dollar. Do not input symbols or letters as part of your answer. For edample, $10 should be entered as 10 )