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Current Attempt in Progress Bonita Industries issues $4950000, 5%, 5-year bonds dated January 1, 2020 on January 1, 2020. The bonds pay interest semiannually

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Current Attempt in Progress Bonita Industries issues $4950000, 5%, 5-year bonds dated January 1, 2020 on January 1, 2020. The bonds pay interest semiannually on June 30 and December 31. The bonds are issued to yield 4%. What are the proceeds from the bond issue? 2.0% 2.5% 4% 5% Present value of a single sum for 5 periods 0.90573 0.88385 0.82193 0.78353 Present value of a single sum for 10 periods 0.82035 0.78120 0.67556 0.61391 Present value of an annuity for 5 periods 4.71346 4.64583 4.45182 4.32948) Present value of an annuity for 10 periods 8.98259 8.75206 8.11090 7.72173 $5170013 O $4950000 O $5172328 O $5170828

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