A shipping company sold an issue of 14-year old $1,000 par bond to build new ships. The bonds pay 6.75% interest, compounded semi-annually. Today's...

A shipping company sold an issue of 14-year old $1,000 par bond to build new ships. The bonds pay 6.75% interest, compounded semi-annually. Today's required rate of return on these bonds is 6%. How much would these bonds sell for today? Round to two decimal places.