hi! i just want to know the steps in finding the issue price of a bond, so i understand why it's right.

Makris Company issues bonds with a stated interest rate of 10%, face value of $50,000, and due in 5 years. Interest payments are made semi-annually. The market rate for this type of bond is 12% What is the issue price of the bond (rounded to the nearest dollar? Present Value Tables are provided at the end of the exam. A. $83,920. $46,320. $53,605. D. $50,000