Compute the selling price of

8%,10

-year bonds with a par value of

$250,000

and semiannual interest payments. The annual market rate for these bonds is

10%

. Use present value Table B. 1 and Table B. 3 in Appendix B.\ Note: Round all table values to 4 decimal places, and use the rounded table values in calculations.\ \\\\table[[Cash Flow,Table Value,Present Value],[

$250,000

par (maturity) value,,],[

$10,000

interest payment,,],[Price of Bond,,]]

Compute the selling price of 8%,10-year bonds with a par value of $250,000 and semiannual interest payments. The annual market rate for these bonds is 10%. Use present value Table B. 1 and Table B. 3 in Appendix B. Note: Round all table values to 4 decimal places, and use the rounded table values in calculations