In this country, corporate bonds typically pay coupon payments twice a year. But this may work differently in other countries! For example, there may be a German company with corporate bonds with a 1,000 par value, 10 years until the maturity of the bonds, and a 6.8 percent coupon rate. The bonds pay coupons annually. These German bonds have a 7.9 percent yield to maturity. Given the above information, the current value of each bond is ___________ (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Bond price