EPY Company issues $2,500,000, 5%, 5-year bonds dated January 1, 20Y1 on January 1, 20Y1. The bonds pay interest annually on December 31. The bonds are issued to yield 6%. What is the market price of this bond? Round your final answer to the nearest dollar.

QUESTION 1 5.0% EPY Company issues $2,500,000, 5%, 5-year bonds dated January 1, 20Y1 on January 1, 20Y1. The bonds pay interest annually on December 31. The bonds are issued to yield 6%. What is the market price of this bond? Round your final answer to the nearest dollar. 2.5% 3.0% 6.0% Present Value of a Single Sum for 5 Periods .88385 .86261 .78353 .74726 Present Value of a Single Sum for 10 Periods .78120 .74409 .61391 .55839 Present Value of an Annuity for 5 Periods 4.64583 4.57971 4.32948 4.21236 Present Value of an Annuity for 10 Periods 8.75206 8.53020 7.72173 7.36009 O $2,131,423 O $2,500,000 $2,394,695 $2,728,913