Brubeck Company issued bonds with a face value of $$21,000,000$ and a coupon rate of $5\%$ paid semiannually for $4$ years. The market rate of interest is $6\%.$

How much is the market value of the bond using a present value table?

Select one:

A$.$ $$20,262,947$

B$.$ $$20,814,675$

C$.$ $$18,375,000$

D$.$ $$20,393,538$