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On December 31,2024 , when the market interest rate is 8%, McMann Really issues $700.000 of 525%,10 year bonds payable. The boniss pay intoreat semlarnualy,
On December 31,2024 , when the market interest rate is 8%, McMann Really issues $700.000 of 525%,10 year bonds payable. The boniss pay intoreat semlarnualy, Determine the presert vole of the bonds at issuance. (Flound al curtency amounts to the nedrest whole dollac.) (Click the icon to yew Present Value of $1 table.) (Click the icon to vew Prevent Value of Ordinary Annuity of 51 table.) (Click the icon to vew Future Value of \$1 table.) (Click the icon to vew Future Value of Oroinary Annuty of 51 tabie.) The present value of the bonds at issuance amounts in
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