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 5.5% Time Before Maturity 7 years Yield Rate 6% Conversion Period semi-annually C. 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.)