Anna Inc. issues 5-year bonds with a face value of $100,000 on January 1, 20Y1. The bonds pay interest semi-annually on June 30 and December 31. The stated rate is 5% and the effective rate is 6%. What is the issue price of the bonds?

QUESTION 2 Anna Inc. issues 5-year bonds with a face value of $100,000 on January 1, 20Y1. The bonds pay interest semi-annually on June 30 and December 31. The stated rate is 5% and the effective rate is 6%. What is the issue price of the bonds? 2.5% 3.0% 5.0% 6.0% Present Value of a Single Sum for 5 Periods .88385 .86261 .78353 .74726 Present Value of a Single Sum for 10 Periods .78120 .74409 .61391 .55839 Present Value of an Annuity for 5 Periods 4.64583 4.57971 4.32948 4.21236 | Present Value of an Annuity for 10 Periods 8.75206 | 8.53020 7.72173 7 .36009 $95.735 O $85,257 0 $100,000 $89,176