J Corporation is planning to issue bonds with a face value of $810,000 and a coupon rate of 6 percent. The bonds mature in four years and pay interest semiannually every June 30 and December 31. All of the bonds will be sold on January 1 of this year.

Compute the issue (sales) price on January 1 of this year for each of the following independent cases:

1. Case A: Market interest rate (annual): 6 percent.
2. Case B: Market interest rate (annual): 4 percent.
3. Case C: Market interest rate (annual): 8 percent.