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is this right ? Present Value of Bonds Payable; Premium Moss Co. Issued $100,000 of five-year, 12% bonds with interest payable semiannually, at a market

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Present Value of Bonds Payable; Premium Moss Co. Issued $100,000 of five-year, 12% bonds with interest payable semiannually, at a market (effective interest rate of 9. Determine the present value of the bonds payable, using the present value tables in Exhibit 8 and Exhibit 10. Note: Round to the nearest dollar. 111,869

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