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Harbor Freight Tools issues bonds with a foce value of $1,350,000 on their issue date. The bonds mature in 5 years and pay 6% annual

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Harbor Freight Tools issues bonds with a foce value of $1,350,000 on their issue date. The bonds mature in 5 years and pay 6% annual interest in semiannual pryments. On the issue date, the market rate of interest is 8%, Compute the selling price of the bonds on their issue date. $1,350,000 $1.179,458 $1.241,096 $1.080.515 51,257,219

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