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Brief Exercise 9-65 (Appendix 9A) Bond Issue Price On January 2, 2020, Nelson Construction issued 3,500 of $1,000 par value bonds with a stated rate

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Brief Exercise 9-65 (Appendix 9A) Bond Issue Price On January 2, 2020, Nelson Construction issued 3,500 of $1,000 par value bonds with a stated rate of 8%, maturing in 10 years. Interest is payable semiannually on June 30 and December 31. Required: what is the issue price if the bonds are sold to yield 6%? Follow the format shown in Present Value tables as you complete the requirement. If required, round your calculations and final answer to the nearest whole dollar

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