7 Exercise B-12 Present value of bonds LO P1, P3 Spiller Corp. plans to issue 8%, 8-year, $430,000 par value bonds payable that pay interest semiannually on June 30 and December 31. The bonds are dated December 31, 2016, and are issued on that date. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your "Table value" to 4 decimal places and final answers to nearest whole dollar.) points If the market rate of interest for the bonds is 6% on the date of issue, what will be the total cash proceeds from the bond issue? eBookIf fSTable Values are Based on: Hint ash Flow Present (maturity) value nterest (annuity) Total cash proceeds Amount Present Value Value Print References