On January 1, Sonar Corporation issued 20-year bonds payable with a face value of $1,000,000 and a payment (face) rate of 8%, with interest payments made semiannually. At the time the bonds were issued, the market interest rate for bonds of similar risk was 10%, compounded semiannually. Which table, rate, and number of periods would be used to find the present value of the semiannual interest payments?

A)PV Single, 5%, 40 periods	B) PV Annuity, 5%, 20 periods
C) PV Annuity, 10%, 20 periods	D) PV Annuity, 5%, 40 periods