Oriole, Inc., has a bond issue maturing in seven years that is paying a coupon rate of 10.0 percent (semiannual payments). Management wants to retire a portion of the issue by buying the securities in the open market. If it can refinance at 8.5 percent, how much will Oriole pay to buy back its current outstanding bonds? (Round answer to 2 decimal places, e.g. 15.25.) Oriole will pay $