On January 1, 2017, Coronado Industries issued eight-year bonds with a face value of $5960000 and a stated interest rate of 10%, payable semiannually on June 30 and December 31. The bonds were sold to yield 12%. Table values are: Present value of 1 for 8 periods at 10% 0.467 Present value of 1 for 8 periods at 12% 0.404 0.458 0.394 5.335 Present value of 1 for 16 periods at 5% Present value of 1 for 16 periods at 6% Present value of annuity for 8 periods at 10% Present value of annuity for 8 periods at 12% Present value of annuity for 16 periods at 5% Present value of annuity for 16 periods at 6% 4.968 10.838 10.106 The present value of the principal is O $2729680. O $2407840. O $2783320. $2348240. Concord Corporation issues $4930000, 8%, 5-year bonds dated January 1, 2017 on January 1, 2017. The bonds pay interest semiannually on June 30 and December 31. The bonds are issued to yield 7%. What are the proceeds from the bond issue? Present value of a single sum for 5 periods Present value of a single sum for 10 periods Present value of an annuity for 5 periods Present value of an annuity for 10 periods 3.5% 0.84197 0.70892 4.51505 8.31661 4.0% 0.82193 0.67556 4.45182 8.11090 7% 0.71299 0.50835 4.10020 7.02358 8% 0.68058 0.46319 3.99271 6.71008 $5135011 $4930000 $5133511 $5132696