You invested in a corporate bond that has a market price today of R1043.22 and a yield to maturity of 7%. This bond has a modified duration of 4.7. You believe that interest rates are going to rise by 195 basis points. What price do you expect your bond to trade at if this anticipated change in the yield occurs? Use the duration rule to calculate your answer, in Rands (R), correct to TWO decimal places.