not required. Recurd smortices bond interest p t issuance face value of 592 00 and 8lated terest i-of 14% paid 8er ennuely The market 'st-of interest i8 149 81 isu ce Th-present value of the bonds 8t is ueno. is $ 2.000 Assumption 1. Ten veer bonds peyeble i More Info 1 1. Ten-year bonds payable with face value of $92,000 and stated interest rate of 14%, paid semiannually. The market rate of interest is 14% at issuance. The present value of the bonds at issuance is $92,000. Same bonds payable as in assumption 1, but the market interest rate is 16%. The present value of the bonds at issuance is $83,008. Same bonds payable as in assumption 1, but the market interest rate is 12%. The present value of the bonds at issuance is $102,571. 2. 3. PrintDone