What is the price today (in dollars and cents) of a 15-year zero coupon bond if the required rate of return is 5.35%. The bond face value is $1000.

$ Place your answer in dollars and cents. You should set your calculator for at least four decimal places of accuracy. I'll remind you of this from time to time but this is a working rule throughout the semester. Do not include a dollar sign or comma in your answer. This is another rule that I'll remind you of but should be a working rule throughout the semester.