Mellow Company will issue $5,000,000 in 6%, 10-year bonds when the market rate of interest is 5% Interest is paid semiannually. Determine how much cash Mellow Company will realize from the bont une Present Value of Ordinary Annuity of Present Value of Annuity Due of $1 Present Value of $1 $1 Period 346 4 4 64 0.38849 0.85480 0.79209 84 346 2 0.73503 3.71710 362900 083748 0.79031 070406 063017 541719 524214 491732 $ 075041 073069 0.42741 054027 101969 673274 620979 10 074409 067556 053839 046319 53020 811090 5.74664 7.3800967100875611 31 6% 346511 33120 121 462288 537971 723028 12 070130 062460 0.49607 0.39711 9.95400 93850 $36384 733604 10 25262 414 377509 54518 700305 143533 730389 73409 9760487 367301 337710 521236 499271 630637 16 0.62317 0.53391 039363 029189 12 56110 11.65230 20 055368 045639 631180 021455 1487747 13.59033 10.10590 11.46990 933 981815 15.32380 1413394 1213812 10.0340 $4,320,500 $4,328.974 $4,402,041 $4,490,017