HW #5 Issue Price The following terms relate to independent bond issues: a. 400 bonds; $1,000 face value; 8% stated rate; 5 years; annual interest payments b. 400 bonds; $1,000 face value; 8% stated rate; 5 years; semiannual interest payments c. 830 bonds; $1,000 face value; 8% stated rate; 10 years; semiannual interest payments d. 2,050 bonds; $500 face value; 12% stated rate; 15 years; semiannual interest payments Use the appropriate present value table: PV of $1 and PV of Annulty of $1 Required: Assuming the market rate of interest is 10%, calculate the selling price for each bond issue. If required, round your intermediate calculations and final answers to the nearest dollar. Situation Selling Price of the Bond Issue b. c d. Check My Work Assignment Score: 64.51% Save and Exa Previous Next > Submix Assam