Present Value of Bonds Payable; Premium Moss Co. issued $101,000 of four-year, 12% bonds with interest payable semiannually, at a market (effective) Interest rate of 9%. Determine the present value of the bonds payable using the present value tables in Exhibit 8 and Exhibit 10. Round to the nearest dallar. X Feedback Check My Work Remember the selling price of a bond is the sum of the present values of the face amount of the bonds due at the maturity date and the periodic interest to be paid The market rate of interest is used to compute the present value of both the face amount and the periodic interest Pre Check My Work 2 more Check My Work uses terang Sube minu