You are purchasing a 15-year, zerocoupon (coupon rate = 0%) bond. The yield to maturity is 6.85 percent and the face value is $1,000. What is the current market price? Assume semiannual compounding.

Round your answer to the nearest hundredths. (Enter upto two decimal numbers.) (Do NOT enter the dollar sign ($) and comma (,) . Enter numbers (and decimal point (.), if needed) only.)