Consider a split coupon bond with a face value of $$1,000$ that pays $$0$ in interest during the first $10$ years. The bond then pays $$100$ annually for the next $10$ years and matures after $20$ years.

FV $$1,000\mathrm{.}00$

Coupon $$100\mathrm{.}00$

n $10$

i $16\%$

How much would an investor pay for this bond if the required return were $16\%?$

An investor would pay $

for the bond. Round your answer to the nearest two decimal places.