Last month Jim purchased $9,400 of U.S. Treasury bonds (their face value was $9,400). These bonds have a 35-year maturity period, and they pay 2.0% interest every three months (i.e., the APR is 8%, and Jim receives a check for $188188 every three months). But interest rates for similar securities have since risen to a 12% APR because of interest rate increases by the Federal Reserve Board. In view of the interest-rate increase to 12%, what is the current value of Jim's bonds?