A company issued $50,000 of 8%, 10-year bonds on January 1 The bonds pay semiannual interest. The present value factor of a single amount of 20 periods at 8% is 0 2145. The present value of 10 periods is 0.5756. The present value of 20 periods at 4% is 0.4564. Determine the present value of the par value of the bonds O $22.820 O 550.000 O $10725 O $33780