Exercise $10-2$ Issue Price

Youngblood Inc. plans to issue $$500,000$ face value bonds with a stated interest rate of $8\%.$ They will mature in ten years. Interest will be paid semiannually. At the date of issuance, assume that the market rate is $($a$)8\%,($b$)6\%,$ and $($c$)10\%.$

Required

For each market interest rate, answer the following questions:

What is the amount due at maturity?

How much cash interest will be paid every six months?

At what price will the bond be issued?

Im confused how you got some numbers. Can you please explain how you got the numbers and what formulas you used?