Your CFP want to invest in Tesla Bonds. Since you are very interested in diversifying your portfolio with some fixed income investment, you are considering this offer. The bond that that matures in 17 years, yields 4.58% and has a coupon rate of 12% paid semiannually. If the par value equals $1,000, what is the most you should be willing to pay for each bond? Round your answer to the nearest penny.