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Indigo Corporation issues $480,000 of 8% bonds due in 10 years, with interest payable semially. At the time of the market rate for such bonds

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Indigo Corporation issues $480,000 of 8% bonds due in 10 years, with interest payable semially. At the time of the market rate for such bonds is 10% Click here to view factor tables. Compute the issue price of the bonds. (Round present value factor calculations to 5 decimal places, eg 1.25124 and the final answer too decimal places es. 58.971.) $ TA Issue price of the bonds

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