Cullumber, Inc., has issued a three$-$year bond that pays a coupon rate of $9\mathrm{.}40$ percent. Coupon payments are made semiannually. Given the market rate of interest of $4\mathrm{.}00$ percent, what is the market value of the bond? Assume face value is $$1,000.($Round answer to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$

Market value $