Splish Splаsh, Inc., hаs six-yeаr bоnds оutstanding that pay an 8.25 percent cоupon rate. Investors buying the bond today can expect to earn a yield to maturity of 6.875 percent. How much will you be willing to pay for Splish Splash's bond today? Assume annual coupon payments. (Do not round intermediate computations. Round your final answer to the nearest dollar.)