On January 1, 2017, Haley Cossued ten-year bonds with a face amount of $5.000.000 and a stated interest rate of 8% payable annually on January 1. The bonds were priced to yield 10% Present value factors are as follows 0.386 Present value of 1 for 10 periods Present value of an ordinary annuity of 1 for 10 periods The total issue price of the bonds was 0463 6710 6445 $4600.000 54.388.000 c 54.900.000 od 55.000.000