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Maple Corporation issues 6 % , 1 0 - year bonds with a face amount of $ 5 0 , 0 0 0 . The

Maple Corporation issues 6%,10-year bonds with a face amount of $50,000. The market interest rate is 7%. Interest is paid semiannually. At what price will the bonds issue? Round your answer to the nearest whole dollar. (Use the Present Value tables to compute your answer.)
TABLE 2 Present Value of $1
PV=s1(1+i)n
\table[[nI,1.0%,1.5%,2.0%,2.5%,3.0%,3.5%,4.0%,4.5%,5.0%,5.5%,6.0%,7.0%
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