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On January 1, 2017, Culver Corporation purchased339of the $1,000face value,9%,10-year bonds of Walters Inc. The bonds mature on January 1, 2027, and pay interest annually

On January 1, 2017, Culver Corporation purchased339of the $1,000face value,9%,10-year bonds of Walters Inc. The bonds mature on January 1, 2027, and pay interest annually beginning January 1, 2018. Culver purchased the bonds to yield11%. How much did Culver pay for the bonds?

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