Current Attempt in Progress Monty Corporation issues $ 470,000 of 9% bonds, due in 9 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10%. Click here to view factor tables. Compute the issue price of the bonds. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to O decimal places e.g. 58,971.) Issue price of the bonds $ 996 (n) Periods 896 .92593 85734 .79383 .73503 68058 .91743 .84168 .77218 .70843 .64993 10% .90909 .82645 .75132 .68301 .62092 11% .90090 .81162 .73119 .65873 .59345 12% .89286 .79719 .71178 .63552 .56743 15% .86957 .75614 .65752 .57175 .49718 1 2 3 4 5 .63017 .58349 54027 50025 .46319 .59627 .54703 .50187 .46043 .42241 .56447 .51316 .46651 .42410 .38554 7 .53464 .48166 .43393 .39092 .35218 .50663 .45235 .40388 .36061 .32197 .43233 .37594 .32690 .28426 .24719 Ovo 10 .42888 .39711 .36770 34046 .31524 .38753 .35554 .32618 29925 27454 .35049 .31863 .28966 .26333 .23939 .31728 .28584 .25751 .23199 .20900 .28748 .25668 .22917 .20462 .18270 .21494 .18691 .16253 .14133 .12289 11 12 13 14 15 .29189 27027 .25025 23171 .21455 .25187 .23107 .21199 .19449 17843 .21763 .19785 .17986 .16351 .14864 .18829 .16963 .15282 .13768 .12403 .16312 .14564 .13004 .11611 .10367 .106871 .09293 .08081 .07027 .06110 16 17 18 19 20 .19866 .18394 .17032 .15770 .14602 .16370 .15018 .13778 .12641 .11597 .13513 .12285 .11168 .10153 .09230 .11174 .10067 .09069 .08170 .07361 .09256 .08264 .07379 .06588 .05882 .05313 .04620 .04017 .03493 .03038 21 22 23 24 25 .13520 .12519 .11591 .10733 .09938 .10639 .09761 08955 .08216 .07537 .08391 .07628 .06934 .06304 .05731 .06631 .05974 .05382 .04849 .04368 .05252 .04689 .04187 .03738 .03338 .02642 .02297 .01997 .01737 .01510 26 27 28 29 30 .09202 .08520 07889 .06915 .06344 05820 .05210 .04736 .04306 .03935 .03545 .03194 .02980 .02661 .02376 .01313 .01142 .00993 31 32 33