On January 1, 2018, bonds with a face value of $85.000 were sold The bonds mature on January 1, 2028 The face interest rate is 10%. The bonds pay interest semiannually on July 1 and January 1. The market rate of interest is 12%. What is the market price of the bonds on January 1, 2018 The present value of $1 for 20 periods at 6% is 0.312. The present value of an ordinary annuity of $1 for 20 periods at 6% is 11.47. The present value of $1 for 20 periods at 5% is 0377 The present value of an ordinary annuity of $1 for 20 periods at 5% is 12.462 (Round your final answer to the nearest dollar) O A. 590,300 O B. $36.000 C. $76,153 OD. $86,000