The Vinny Cartier Company issued bonds in $2005$ at $$1,000$ per bond. The bonds had a $25-$year life when issued, with semiannual payments at the then annual rate of $12$ percent. This return was in line with required returns by bondholders at that point, as described below:

Table: Problem $9$

Assume that in $2015$ the real rate of return remains unchanged, the inflation premium is $3$ percent, the risk premium has declined to $2$ percent and both are appropriately reflected in the required return $($or yield to maturity$)$ of the bonds. The bonds have $15$ years remaining until maturity. Compute the new price of the bond.

Show the answer with no $ signs and no commas, with $2$ decimals. For example, $$1,250\mathrm{.}65$ should be shown as $1260\mathrm{.}65$