Marwick Corporation issues 12%, 5 year bonds with a par value of $1,130,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 10%. What is the bond's issue (selling) price, assuming the following Present Value factors: Present Value of an Annuity (series Present value of 1 1n= i= of payments) (single sum) 5. 12% 3.6048 0.5674 10 6% 7.3601 0.5584 10% 3.7908 0.6209 10 5% 7.7217 0.6139

Marwick Corporation issues 12% 5 year bonds with a par value of S1,130,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 10%. What is the bond's issue (selling) price, assuming the following Present Value factors: SI Present value of 1 (single sum) ins 5 10 5 10 Present Value of an Annuity (series of payments) 3.6048 7.3601 3.7908 7.7217 i 12% 6% 10% SX 0.5674 0.5584 0.6209 0.6139 Multiple Choice 5606,469 50130.000 51217233 Multiple Choice $606.469 $1,130,000 $1.217.238 O $1653,531 $919,244