Sugondese Hardwood Polishing needs to raise additional debt capital in order to expand its services into new markets. It intends to issue 13-year bonds, each with a par value of $1,200, and coupons paid every 4 months at 18.7% APR. The market rate of interest for similar bonds is currently 17.0% APR. Which of the following is closest to the price that will investors pay for each of the new bonds issued by Sugondese Hardwood Polishing?