Multiple Choice Question 131 On January 1, 2017, Crane Company issued ten-year bonds with a face amount of $3500000 and a stated interest rate of 5% payable annually on January 1. The bonds were priced to yield 9%. Present value factors are as follows: At 5% At 9% Present value of 1 for 10 periods 0.614 0.422 Present value of an ordinary annuity of 1 for 10 periods 7.722 6.418 The total issue price of the bonds was O $3360000. O $2600150. $3500000. $3325000 Click if you would like to Show Work for this question: Open Show Work 12:20 PM search O Ri a 4/1/2021 hp