Nick Turner is considering the purchase of a bond that was issued 4 years ago and has 11 years left till maturity. The bond has a coupon rate of 9.25 percent and a face value of $1,000. If the yield to maturity is 7.00%, calculate to the nearest penny the value of the bond today. $ *PLACE YOUR ANSWER IN DOLLARS AND CENTS. DO NOT USEA DOLLAR SIGN OR A COMMA IN YOUR ANSWER. WORK YOUR ANALYSIS USING AT LEAST 4 DECIMAL POINTS OF ACCURACY.