Problem $7-6$ Bond Prices $[$LO$2]$

Westco Company issued $14-$year bonds a year ago at a coupon rate of $7\mathrm{.}4$ percent. The bonds make semiannual payments and have a par value of $$1,000.$ If the YTM on these bonds is $5\mathrm{.}7$ percent, what is the current bond price in dollars? $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$