Colby & Company bonds have a 10% coupon rate and pay interest semiannually. They mature in 15 years and have a par value of $1,000. The market rate of interest is 8%. The market value of Colby bonds is: (Round to the nearest cent. Do not include $ sign in your answer - i.e. if the answer is $888.43, then type 888.43 without $ sign)