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Blossom Company issues $4900000,4.0%,5-year bonds dated January 1, 2024 on January 1, 2024. The bonds pay interest semiannually on June 30 and December 31. The

image text in transcribed Blossom Company issues $4900000,4.0%,5-year bonds dated January 1, 2024 on January 1, 2024. The bonds pay interest semiannually on June 30 and December 31. The bonds are issued to yield 3.0\%. Given the following present value factors, what are the proceeds from the bond issue? $4900000$5125957$5124977$5124067

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