Present Value of Bonds Payable; Premum Moss Co. issued $210,000 of four-year, 12% bonds, with interest payable semiannually, at a market (effective) interest rate of to Determine the present value of the bonds payable, using the present value tables in Exhubit 5 and Exhibit 7. Round to the nearest dollar. x reesoad * Cleod Mon Remember, the selling orice of a bond is the sum of the present values of: the foce amount of the bonds due at the matunty date and the perion bonds The market rate of interest is used to compute the present value of both the face amount and the periodic intereut