the par value of this bond is $1000, mature in eight years and have coupon rate of 10% with coupon paid semi annually. what price (value) would you be prepared to pay for the bond if your alternative...

the par value of this bond is $1000, mature in eight years and have coupon rate of 10% with coupon paid semi annually. what price (value) would you be prepared to pay for the bond if your alternative is to invest in your friends company who will guarantee you an 8% pa return