You are considering buying a semi-annual coupon bond with a stated coupon rate of 13% (note that the stated rate is in annual terms). There are 13 years to maturity remaining on it. Your required rate of return is 6.7% per year, How much should you be willing to pay for this bond? (Round your answer to three decimal places. For example 1.23450 or 1.23463 will be rounded to 1.235 while 1.23448 will be rounded to 1.234)