A firm has an issue of $1,000 par value bonds with a 12 percent coupon rate outstanding. The issue pays interest annually and has 10 years remaining to its maturity date. If bonds of similar risk are currently earning 8 percent, the firm's bond will sell for today. (Rounding may be a problem. Choose the answer option that is closest to your final answer.) Select one: A. $1,142 OB. $1,056 C. $972 OD $851 E $1,268