Consider a $10\%$ semiannual coupon bond with a maturity of $7$ years and a face value of $$1,000.$

FV $$1,000\mathrm{.}00$

Coupon $$100\mathrm{.}00$

n $7$

i $6\%$

If the current YTM was $6$ percent, what is the price of the bond?

The price of the bond would be $

$.$ Round your answer to the nearest two decimal places.