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On January 1, 2019, Jason Company issued 545 million of 10 year bonds at a 12% coupon interest rate to be paid annually. The following

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On January 1, 2019, Jason Company issued 545 million of 10 year bonds at a 12% coupon interest rate to be paid annually. The following present value factors have been provided: Time PV of a $1 Period Interest PV of $1 Annuity 10 125 0.322 5.650 10 10 0.386 6.145 10 144 0.270 5.216 What was the issuance price of the bonds if the market rate of interest was 10%

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