Say that you work for a bank that has purchased a bond issued by Verizon. The bond promises to make interest payments of ​$500 at the end of each year for the next six years. At the end of the sixth​...

Say that you work for a bank that has purchased a bond issued by Verizon. The bond promises to make interest payments of ​$500 at the end of each year for the next six years. At the end of the sixth​ year, the bond also pays the ​$10,000 principal. If the discount rate is 5 ​percent, the present value of this stream of payments is ​$nothing. ​(Round your answer to two decimal places.​)