In 1994, you purchased a, $1,000 corporate bond issued by Boeing. At the time, the interest rate for the bond was 9.00 percent. Today, comparable bonds are paying 5.00 percent.

What is the approximate dollar price for which you could sell your Boeing bond?

Do not round your intermediate calculations. Round your final answer to 2 decimal places. Do not include the comma and "$" sign in your response.