Exercise 14-2 (Algo) Determine the price of bonds in various situations [LO14-2] Determine the price of a $1.7 million bond issue under each of the following independent assumptions: 1. Maturity 12 years, interest paid annually, stated rate 10%, effective (market) rate 12%. 2. Maturity 12 years, interest paid semiannually, stated rate 10%, effective (market) rate 12%. 3. Maturity 12 years, interest paid semiannually, stated rate 12%, effective (market) rate 10%. 4. Maturity 20 years, interest paid semiannually, stated rate 12%, effective (market) rate 10%. 5. Maturity 20 years, interest paid semiannually, stated rate 12%, effective (market) rate 12%. Note: Use tables, Excel, or a financial calculator. Complete this question by entering your answers in the tabs below. Maturity 12 years, interest paid annually, stated rate 10%, effective (market) rate 12%. Note: Round your answer to the nearest whole dollar. Maturity 12 years, interest paid semiannually, stated rate 10%, effective (market) rate 12%. Note: Round your answer to the nearest whole dollar. Maturity 12 years, interest paid semiannually, stated rate 12%, effective (market) rate 10%. Note: Round your answer to the nearest whole dollar. Price of bonds Maturity 20 years, interest paid semiannually, stated rate 12%, effective (market) rate 10%. Note: Round your answer to the nearest whole dollar. Maturity 20 years, interest paid semiannually, stated rate 12%, effective (market) rate 12%. Note: Round your answer to the nearest whole dollar