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73) The face value of a bond is $71,000, its stated rate is 7%, and the term of the bond is ve years. The bond
73) The face value of a bond is $71,000, its stated rate is 7%, and the term of the bond is ve years. The bond pays interest semiannually. At the time of issue, the market rate is 8%. Determine the present value of the bonds at issuance. 103003 0838406 0/665554 8000000 336770 0920441 0/962727 83.4.5.5.66. - .1 A .. 068712 1%173950 7445567 7557200 272020 0406295 t 0118106 0/776655 .mo/295283 :6O.O.0.O.O.O. 6445.667. 461754 966382 n n a f0278602 7.7.7.6.6.6. 00/307447. 000000 m5455677 2 130 a 2223 1 296307 V0540331 to/420.7.4.1._ m4456678 S e r P A) $68,152 B) $20,156 C) $71,000 D) $50,844
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