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:

number of periods (n)=	interest rate (i)=	Present Value of an Annuity (series of payments)	Present value of 1 (single sum)
5	12%	3.6048	0.5674
10	6%	7.3601	0.5584
5	10%	3.7908	0.6209
10	5%	7.7217	0.6139

• $1,130,000

• $919,244

• $1,653,531

• $1,217,238

• $606,469

Marwick Corporation issues 12%,5-year bonds with a par value of $1,130,000 and semiannual interest payments. On the issue dote, the annual market rate for these bonds is 10%. What is the bond's issue (selling) price, assuming the following Present Value factors: Multiple Choice $1,130,000 5919.244