Question $6$

Marin Company's bonds mature in $8$ years, have a par value of $$1,000,$ and make an annual coupon interest payment of $$65.$ The market requires an interest rate of $5\mathrm{.}85\%$ on these bonds. What is the bond's

Your answer should be between $1000\mathrm{.}00$ and $1120\mathrm{.}00,$ rounded to $2$ decimal places, with no special characters.