Ms. Jones wants to make 14% nominal interest compounded quarterly on a bond investment. She has an opportunity to purchase a 12%, $10,000 bond that will mature in 14 years and pays quarterly interest. This means that she will receive quarterly interest payments on the face value of the bond ($10,000) at 12% nominal interest. After 14 years she will receive the face value of the bond. How much should she be willing to pay for the bond today? Ms. Jones should be willing to pay Sfor the bond today. (Round to the nearest dollar.)