On January 1, 2019, Holden Company issued $5.3 million of 9-year bonds at a 9% coupon interest rate to be paid annually. The following present value factors have been provided: Time Period Interest PV of $1 PV of a $1 Annuity 5.995 9 0.460 19 98 78 7 9 0.544 6.515 9 11% 0.391 5.537 What was the issuance price of the bonds if the market rate of interest was 7%? Multiple Choice $5.990,855. O $6,033,355. O $5,708,355. O $5,300,000