ASAP

1.Determine the present value of ten-year bonds payable with face value of $87,000 and stated interest rate of 10%, paid semiannually. The market rate of interest is 10% at issuance.

2. Same bonds payable as in Requirement 1, but the market interest rate is 14%.

3. Same bonds payable as in Requirement 1, but the market interest rate is 8%.