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Issue Price The following terms relate to independent bond issues: a. 550 bonds: $1,000 face value; 8% stated rate: 5 years; annual Interest payments b.

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Issue Price The following terms relate to independent bond issues: a. 550 bonds: $1,000 face value; 8% stated rate: 5 years; annual Interest payments b. 550 bonds; $1,000 face value: 8% stated rate; 5 years, semiannual interest payments c. 860 bonds; $1,000 face value: 8% stated rate; 10 years; semiannual interest payments d. 1.970 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 S1 Required: Assuming the market rate of interest is 10%, calculate the selling price for each bond issue. It required, round your intermediate calculations and final answers to the Situation Selling Price of the Bond Issue a. 508,354 X b. 507,584 X J 752,913 X d. 1,136,020 X

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