Crane Company issued $95000 of ten-year, 8% bonds that pay interest semiannually. The bonds are sold to yield 6%. One step in calculating the issue price of the bonds is to multiply the face value by the table value for O 10 periods and 8% from the present value of 1 table O 20 periods and 4% from the present value of 1 table O 10 periods and 6 % from the present value of 1 table 20 periods and 3% from the present value of 1 table On January 1, 2020, Bonita Industries issued eight-year bonds with a face value of $5950000 and a stated interest rate of 10%, payable semiannually on June 30 and December 31. The bonds were sold to yield 12%. Table values are: Present value of 1 for 8 periods at 10% 0.467 Present value of 1 for 8 periods at 12% 0.404 Present value of 1 for 16 periods at 5% Present value of 1 for 16 periods at 6% Present value of annuity for 8 periods at 10% Present value of annuity for 8 periods at 12% Present value of annuity for 16 periods at 5% 0.4581 0.394 5.335 4.968 10.838 Present value of annuity for 16 periods at 6% 10.106 The present value of the principal is $2344300. O $2403800. O $2778650. $2725100