Issue Price The following terms relate to independent bond issues: a. 650 bonds; $1,000 face value; 8% stated rate; 5 years; annual interest payments b. 650 bonds; $1,000 face value; 8% stated rate; 5 years; semiannual interest payments C. 870 bonds; $1,000 face value; 8% stated rate; 10 years; semiannual interest payments d. 2,020 bonds; $500 face value; 12% stated rate; 15 years; semiannual interest payments Use the appropriate present value table: PV of $1 and PV of Annuity 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 a. $ 924 x b. $ 923 x c. 875 X $ $ d. 1,154 X