Marwick Corporation issues 10%, 5 year bonds with a par value of $1,010,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 8%. What is the bond's issue (selling) price, assuming the following Present Value factors: 1n= 5 10 i= 10% 5% 8% 4% Present Value of an Annuity (series of payments) 3.7908 7.7217 3.9927 8.1109 Present value of 1 (single sum) 0.6209 0.6139 0.6806 0.6756 5 10 O $1,419,600 O $1,010,000 O $799,244 O $1,091,956 $600,400