Issue Price The following terms relate to independent bond issues: 510 bonds; $1,000 face value; 8% stated rate; 5 years; annual interest payments 510 bonds; $1,000 face value; 8% stated rate; 5 years; semiannual interest payments 900 bonds; $1,000 face value; 8% stated rate; 10 years; semiannual interest payments 1,960 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