Your firm has a credit rating of A. You notice that the credit spread for five-year maturity A debt is 87 basis points (0.87\%). Your firm's five-year debt has an arneal coupon rate of 6.5%. You see that new five-year Treasury notes are being issued at par with an annual coupon rate of 22%. What should be the price of your outstanding five-year bonds? Assume $1,000 face value. Assuming a $1,000 face value, the price of the bond is $ (Round to the nearest cent.)