Determine the purchase price at the indicated time before maturity of the following bond redeemed at par shown in the table below. Par Value $1,000 Bond Rate Payable Semi-Annually 8.5% Time Before Maturity 5 years The purchase price of the bond is $ . (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Yield Rate 9.5% Conversion Period semi-annually