help!! A company issues 6%,5 year bonds with a par value of...
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A company issues 6%,5 year bonds with a par value of $800,000 and semiannual interest payments. On the issue date, the annual market rate of interest is 8%. Compute the issue (selling) price of the bonds. The following information is taken from present value tables: (5 points) Present value of an annuity for 10 periods at 3%8.5302 Present value of an annuity for 10 periods at 4%8.1109 Present value of 1 due in 10 periods at 3%..0.7441 Present value of 1 due in 10 periods at 4%0.6756
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