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Crane issued $490,000 of 5%, S-year bonds on January 1, 2021. Interest is payable semi-annually. Calculate the price of the bond: (3) 4%, (b) 5%,

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Crane issued $490,000 of 5%, S-year bonds on January 1, 2021. Interest is payable semi-annually. Calculate the price of the bond: (3) 4%, (b) 5%, and (c) 6%. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round nal answer to 0 decimal places, e.g. 5,275.) Click here to view the factor table. Present Value of 1 Click here to view the factor table. Present Value of an Annuity of 1 (a) Market interest rate 4% $ :| (b) Market interest rate 5% $5 :I (c) Market interest rate 6% $ :|

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