Jordan Co. purchased ten-year, 10% bonds that pay interest semiannually. The bonds are sold to yield 8%. One step in calculating the issue price of the bonds is to multiply the principal by the table value for

Question 21 options:

10 periods and 10% from the present value of 1 table.

10 periods and 8% from the present value of 1 table.

20 periods and 5% from the present value of 1 table.

20 periods and 4% from the present value of 1 table.