On December 31, 2016, $190,000 of 6% bonds were issued. The market interest rate at the time of issuance was 8%. The bonds pay interest on June 30 and December 31 and mature in 10 years. Required: Compute the selling price of a single $1,000 bond on December 31, 2016. Note: Round all intermediate calculations to three decimal places, and round your final answer to the nearest cent. Selling price of bonds: $0 x o ? On December 31, 2016, Case Company issued $850,000 of 10% bonds. The market interest rate at the time of issuance was 8%. The bonds pay interest on June 30 and December 31 and mature in 20 years. Required: Compute the selling price of the bonds on December 31, 2016. Note: Round all intermediate calculations to three decimal places, and round your final answer to the nearest cent. Selling price of bonds: x 6