Current Attempt in Progress Jason M$.$ specializes in buying high$-$risk commercial paper; his required return on these investments is $14\mathrm{.}4$ percent per year. He is considering buying some $60-$day paper from Blossom Corp. with a promised yield of $9\mathrm{.}0$ percent per year. However, Jason believes there is a $1-$percent chance that Blossom will default on this debt, in which case he would recover only $75$ percent of the face value. How much will Jason be willing to pay for each $\backslash$$$1,000$ par value of this paper? $($Round answer to $2$ decimal places, e$.$g$.5,275\mathrm{.}75.)$ Expected value $\backslash$$ eTextbook and Media