A bond payable is dated January 1,2017 , and is issued on that date. The face value of the bond is $120,000, and the face rate of interest is 8%. The bont semiannually. The bond will mature in five years. Use the appropriate present value table: PV of $1 and PV of Annuity of $1 Required: If required, round your answers to nearest dollar. 1. What will be the issue price of the bond if the market rate of interest is 6% at the time of issuance? $ 2. What will be the issue price of the bond if the market rate of interest is 8% at the time of issuance? $ 3. What will be the issue price of the bond if the market rate of interest is 10% at the time of issuance