• Jackson bought a 10-year, $1,000 PAR coupon bond today.
• The annual coupon rate is 11%. Coupons are paid once a year.
• When he purchased, Jackson was hoping for a YTM of 10% on this Bond.
• Assume that Jackson's return expectations did not change and 3 years have passed.

How much should be the value of this Bond in 3 years from today? Enter your answer in the following format: 1234.56 Hint: Answer is between 1043.33 and 1143.07