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Pennsylvania plans to issue 8%, 5 year, $600,000 bonds that pay interest semiannually on June 30 and December 31. The bonds are dated December 31,

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Pennsylvania plans to issue 8%, 5 year, $600,000 bonds that pay interest semiannually on June 30 and December 31. The bonds are dated December 31, 2020, and are issued on that date. If the market rate of interest is 10% on the issue date, the bond issue price will be closest to? Link to TVM Tables: https://drive.google.com/file/d/11/Kod tkf7z3ssiyy20;X4m:01UpYvic/view?usp=sharing 5647,922 $525.233 5553.661 $680,526 5526,241

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