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Buner Corp's outstanding bonds, which has a face value of $ 1 , 0 0 0 , have 6 years remaining to maturity. The bond's

Buner Corp's outstanding bonds, which has a face value of $1,000, have 6 years remaining to maturity.
The bond's coupon rate is 8%, and interest is paid semiannually. If investors require a rate of return
equal to 11% to invest in similar risk bonds, what should be the market price of Buner's bond?
$890.82
$870.72
$880.01
$903.73
$900.19
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