Klingsman National Brand has bonds that are rated AA by Standard and Poor's. The yield to maturity on AA bonds at the

moment is $6\mathrm{.}59\%.$ You are trying to value a Klingsman bond that has $11\mathrm{.}00$ years until maturity and pays a $8\mathrm{.}50\%$

coupon. The bond has a $$1,000$ face value. What is the current price of this Klingsman National bond?