You have funds that you want to invest in bonds, and you just noticed in the financial pages of the local newspaper that you can buy a $1,000 par value bond for $800. The coupon rate is 10% (with semiannual payments), and there are 10 years before the bond will mature and pay off its $1,000 par value. 3.2. Valuation with Changing YTM If the required rate of return or yield to maturity on this bond increases to 14%, what is the new price for this bond? $ Please enter 2 digits after the decimal point.