On January 1,2018 , Watch Works Incorporated (WWI) issued $83,000 par value, 10%, five-year bonds that mature on December 31,2022 . WWI will pay interest semiannually on June 30 and December 31 . On the date WWI issued the bonds, the market rate of interest was 4%. The company's fiscal year ends on December 31 . What is the issue price of th bond? On January 1,2018 , Watch Works Incorporated (WWI) issued $83,000 par value, 10%, five-year bonds that mature on December 31,2022 . WWI will pay interest semiannually on June 30 and December 31 . On the date WWI issued the bonds, the market rate of interest was 4%. The company's fiscal year ends on December 31 . What is the issue price of th bond