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Ivanhoe Co . issued $ 9 8 0 0 0 of ten - year, 1 2 % bonds that pay interest semiannually. The bonds are

Ivanhoe Co. issued $98000 of ten-year, 12% bonds that pay interest semiannually. The bonds are sold to yield 10%. One step in calculating the issue price of the bonds is to multiply the face value by the table value for
Select answer from the options below
10 periods and 10% from the present value of 1 table.
20 periods and 5% from the present value of 1 table.
20 periods and 6% from the present value of 1 table.
10 periods and 12% from the present value of 1 table.

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