Current Attempt in Progress

Blossom Corp is issuing a $10-$year bond with a coupon rate of $10$ percent. The interest rate for similar bonds is currently $4$ percent. Assuming annual payments, what is the value of the bond? Assume face value is $$1,000.($Round answer to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$

Value of bond $