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10-1 Buner Corp.s outstanding bond has the following characteristics: Years to maturity 6.0 Coupon rate of interest 8.0% Face value $1,000 If investors require a

10-1 Buner Corp.s outstanding bond has the following characteristics: Years to maturity 6.0 Coupon rate of interest 8.0% Face value $1,000 If investors require a rate of return equal to 12 percent on similar risk bonds and interest is paid semiannually, what should be the market price of Buners bond? NO EXCEL PLEASE

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