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Please show the calculations to the answer. Thank you! Multiple Choice Question 62 On January 1, 2017, Coronado Industries issued eight-year bonds with a face

Please show the calculations to the answer. Thank you! image text in transcribed
Multiple Choice Question 62 On January 1, 2017, Coronado Industries issued eight-year bonds with a face value of $6100000 and a stated interest rate of 10%, payable semiannually on June 30 and December 31. The bonds were sold to yield 12%. Table values are: l Present value of 1 for 8 periods at 10% Present value of 1 for 8 periods at 12% Present value of 1 for 16 periods at 5% Present value of 1 for 16 periods at 6% Present value of annuity for 8 periods at 10% Present value of annuity for 8 periods at 12% Present value of annuity for 16 periods at 5% Present value of annuity for 16 periods at 6% 0.467 0.404 0.458 0.394 5.335 4.968 10.838 10.106 The issue price of the bonds is $5494880. $5485730. $5546730 $6103050

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