3 points Save Answer The face value of a bond is $71,000, its stated rate is 7%, and the term of the bond is five years. The bond pays interest semiannually. At the time of issue, the market rate is 8%. The PV of $1 factor is 0.676 and the PV of an ordinary annuity of $1 is 8.111. Determine the present value of the bonds at issuance OA) $50,844 OB) $20,156 OC) $68,152 OD) $71,000