Jan 1 business is 8%, 5 year $300,000 bonds that pay interest semi annually on June 30th and dec 31. On the issue date the annual market rate of interest for the bonds is 10%.

what are the prices of the bonds in their issue date?

use this data.

preset value of annuity 10 periods 4% = 8.1109

prssent valued annuity 10 periods at 5%= 7.7217

Present value of 1 for 10 periods at 4% = .6756

present value of 1 for 10 periods at 5% = .6139