Marwick Corporation issues 10%, 5 year bonds with a par value of $1,050,000 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: n= 5 i= 108 5% 8% Present Value of an Annuity 3.7908 7.7217 3.9927 8.1109 Present value of $1 0.6209 0.6139 0.6806 0.6756 10 5 10 48 Multiple Choice $624,178 O O $1,475,822 125.202 S1.135.202