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. 870 bonds; $1,000 face value; 8% stated rate; 10 years; semiannual interest payments d. 2,080 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