Consider Microsoft Corporation issuing bonds with a face value of $5,000,000, a coupon rate of 6%, and a maturity period of 10 years. Create a table showing the bond's present value at different discount rates, ranging from 4% to 8%. Present the present value for each discount rate, and analyze how changes in the discount rate affect the bond's valuation.

Discount Rate (%)	Present Value
4
5
6
7
8