On January 1, year 1. ABC. Corp. issued bonds as follows: Face ~value $400 0000 Stated (or coupon) annual rate of interest 6 % Coupon is paid twice annually. Market annual rate of interest 6 \"A: Term in years 4 How much did the bond sell for? Round your answer to the nearest dollar. Answer: 5047436 x {4000000) v Hide Feedback The bond price is PV Factor x Face Value + Face Value x Stated Interest rate x PV Annuity factor Remember to use twice the number of payments and half the interest rate to account for semi-annual payments