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select the correct answer.

A. $209,439 B. $210,206 C. $291,255 D. $347,478

Present Value of $1 to Be Paid in the Future Present Value of a Series of $1 Payments to Be Paid in the Future 6% 6.5% Periods 5.0% 55% 5% 5.5% 6.0% Periods 6.5% 1 $0.943396 $0.938967 $0.952381 $0.947867 $0.947867 $0.943396 $0.952381 $0.938967 1 2 $1.820626 $0.907029 50.898452 $1.833393 $1.859410 2 $1.846320 $0.889996 $0.881659 3 $0.863838 $2.648476 $2.673012 $0.851614 $2.697933 $0.839619 $2.723248 3 $0.827849 4 $0.822702 $3.425799 $3.465106 $3.505150 $0 807217 $0.792094 4 $3.545951 $0.777323 5 $0.783526 $4.155679 $0.765134 $4 212364 $4.270284 $0.747258 $4329477 5 $0.729881 6 $0.746215 $0.725246 $4.841014 $5.075692 $4.995530 $4.917324 6 $0.704961 $0.685334 $5.582381 7 $0.710681 $5.484520 $0.687437 $0.665057 $5.786373 $5.682967 7 50 643506 $0.676839 8 $6.088751 $0.651599 $6.209794 $0.627412 $0.604231 8 $6.463213 $6.334566 $7.107822 $0.644609 $6.801692 9 9 $6.656104 $0.617629 $0 591898 $6.952 195 $0.567353 $0.613913 $0.585431 $7.721735 10 $7.537626 $7.188830 10 $7.360087 $0.558395 $0.532726 Periods 11.5% 12% 12.5% 11.0% 11.5% Periods 11% 12.0% 125% 1 $0.888889 $0.896861 $0.900901 1 $0.892857 $0.892857 $0.888889 $0.900901 $0.896861 2 $1.712523 $0.790123 $1.701221 2 $0.797194 $1.679012 $0 811622 S0.804360 $1.690051 3 $0.711780 $2.443715 $0.702332 $2422619 3 $0.731191 $2.401831 $2.381344 $0.721399 4 $3.102446 $0.635518 $0.624295 $3.069614 4 $3.037349 $0.658731 $3.005639 $0.646994 $0.554929 SO 567427 5 $3.695897 $3.649878 53.604776 $3.560568 5 $0.593451 S0.580264 $0.506631 $0.493270 6 $4.230538 $4,170294 $4 111407 $4.053839 6 $0.534641 $0.520416 $0.452349 $0.438462 7 $4.712196 $0.466741 $4.637035 $4,563757 7 $0.481658 $4.492301 $0.389744 $0,403883 8 $5.146123 $5.055637 $4.967640 $4.882045 8 $0.433926 S0.418602 $0.346439 9 $0 360610 $5.537048 $5.431064 $5 328250 SO 390925 $0.375428 $5.228485 9 $0.321973 $0.307946 10 $5.889232 $5.767771 $5.650223 $0.352184 $0.336706 10 $5.536431 Select the correct answer. When the market rate of interest was 12%, Newman Corporation issued $216,000, 11%, four-year bonds that pay interest semiannually. Determine the selling price of this bond issue. Use the present value tables below